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6. Based on the following financial statement information and the events occurring during the following year, complete the requirements below. ( 6 marks) XYZINC. Equity Section of the Balance Sheet December 31, 2017 During 2018, XYZ: a) (January): Issued 10,000 common shares at an average price of $5.50 b) (April): Issued 4,000 preferred shares for a total of $30,000 c) (October]: Paid a total of $22,000 in dividends, split between the preferred and common shareholders. d) (December): recorded a net loss of $12,000. Required: 1. Calculate the total amount of dividends paid to the preferred shareholders during 2018. ( 1 mark) 2. Calculate the total amount of dividends paid to the common shareholders during 2018. (1 mark) 3. Calculate the Contributed Capital value of the Preferred Shares (Dee 31/18). (1 mark) 4. Calculate the Contributed Capital value of the Common Shares (Dee 31/18). (1 mark) 5. Calculate the ending value of the Retained Earnings account (Dee 31/18). (1 mark) 6. Calculate the total value of Shareholders' Equity (Dee 31/18). (1 mark)