what would be the calculation for dividends declared?

Greencastle Corporation, a publicly traded company, is authorized to issue 190,000$4 noncumulative preferred shares and an unlimited number of common shares. On January 1, 2021, the general ledger contained the following shareholders equity accounts: The following equity transactions occurred in 2021: Feb. 6 Issued 10,200 preferred shares for $622,200. Apr. 6 Issued 22,000 common shares for $605,000. 27 Repurchased and retired 2,700 common shares at $16 per share. The balance in the Contributed Surplus account arose from the repurchase of common shares in prior years. May 29 Declared a semi-annual cash dividend to the preferred shareholders of record at June 12 , payable July 1. Aug. 22 Issued 8,400 common share or a building. At the time of the exchange, the building was valued at $164,700 and the common shares at $149,000. The following equity transactions occurred in 2021 : Feb. 6 Is5ued 10,200 preferred shares for $622,200. Apr. 6 Is5ued 22,000 common shares for $605,000. 27 Repurchased and retired 2,700 common shares at $16 per share. The balance in the Contributed Surplus account arose from the repurchase of common shares in prior years. May 29 Declared a semi-annual cash dividend to the preferred shareholders of record at June 12 , payable July 1. Aug. 22 Issued 8,400 common shares in exchange for a building. At the time of the exchange, the building was valued at $164,700 and the common shares at $149,000. Dec 14 The board of directors decided there were insufficient funds to declare the semi-annual dividend to the preferred shareholders. 31 Net income for the year was $570,000. \begin{tabular}{|lr|} \hline Cash & 605000 \\ \hline \end{tabular} Common Shares Common Shares f Changes of 45900 (IFRS) Contributed Surplus the cos tareg of hithy cenier 3. 2.2. Cash 4700 May 29 Dividends Declared Dividends Payable 40000 0 \begin{tabular}{|} \hline 0 \\ \hline 0 \\ \hline \end{tabular}