Problem 12-5A Dividend allocation LO5 Garda World Security Corporation has the following shares, taken from the equity section of its balance sheet dated December 31, 2020. Preferred shares, $4.51 non-cumulative, 48,000 shares authorized and issued Common shares, 83,000 shares authorized and issued $3,072, eee 1,328, eee "All shares were issued during 2018. During its first three years of operations, Garda World Security Corporation declared and paid total dividends as shown in the last column of the following schedule. Required: Part A 1. Calculate the total dividends paid in each year to the preferred and to the common shareholders. Year Preferred Dividend Common Dividend Total Dividend $ 2018 2019 163,000 403,000 563,000 1,129,000 2020 Total for three years $ 0 S 0 $