this is a question from a canadian college. please Make sure the ans is correct. thank you.

Question 2 of 13 Sheridan Corporation has the following shareholders' equity on December 31, 2021: Shareholders' equity Share capital $10 convertible preferred shares, 10,000 shares authorized, 5000 shares issued $530000 Common shares, no par value, 200,000 shares authorized, 80000 shares issued 1800000 Total share capital 2330000 Retained earnings 453000 Total shareholders' equity $2783000 What is the dividend amount payable to preferred shareholders in 2021 assuming no shares are converted? $1000000 $2000000 $50000 $8000 Current Attempt in Progress The Skysong Industries has the following account balances: Retained earnings $75200 Revenue $367000 Operating Expenses $298000 Interest Expense $18800 On the corporate income statement what will be the amount reported as "profit" given an income tax rate of 25%? $50200 $56400 $37650 $32950 Question 4 of 13