Problem 12-5A Dividend allocation LO5 Garda World Security Corporation has the following shares, taken from the equity sheet dated December 31, 2023. Preferred shares, $4.48 non-cumulative, 45,000 shares authorized and issued. Common shares, 80,000 shares authorized and issued". *All shares were issued during 2021 Required Part A During its first three years of operations, Garda World Security Corporation declared and paid total divi dends as shown in the last column of the following schedule. Year 2021 Complete the following schedule by filling in the shaded areas. 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders. 2022 2023 Total for three years $2,880,000 Preferred Dividend 1,280,000 Common Dividend of its balance Total Dividend $ 160,000 400,000 560,000 $1,120,000 2. Calculate the dividends paid per share to both the preferred and the common shares in 2023.

Problem 12-SA Dividend allocation LO5 Garda World Security Corporation has the following shares, taken from the sheet dated December 31, 2023. Preferred shares, 54.48 non-cumulative, 45,000 shares authorized and issued". Common shares, 80,000 shares authorized and issued" "All shares were issued during 2021 $2,880,000 1,280,000 of its balance During its first three years of operations, Garda World Security Corporation declared and paid total div dends as shown in the last column of the following schedule. Required Part A Complete the following schedule by filling in the shaded areas. 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders. Year 2021 2022 2023 Preferred Dividend Common Dividend Total Dividend $ 160,000 400,000 560,000 $1,120,000 Total for three years 2. Calculate the dividends paid per share to both the preferred and the common shares in 2023.