Year 1 = cash dividends distributed: 25,000

Year 2 = cash dividends distributed = 30,000

Year 3 = cash dividends distributed = 210,000

Year 4 = cash dividends distributed = 360,000

Preferred stock = 70,000 shares

Common stock = 180,000

Year 1 : Common stock share Price = $14

Year 2 : Common stock share price = $20

Year 3: Common stock Share Price = $18

Year 4: Common stock share Price = $25

As head of Adita Incorporated, potential investors are asking questions about the company's dividend payment history. The investors are also curious how dividend payments differed for common and preferred shareholders. To help answer their questions, the following Tableau Dashboard is provided. Number of Shares Cash Dividends Distributed by Year $400,000 $350,000 Preferred Stock $300,000 $250,000 $200,000 Common Stock $150,000 Preferred Stock Dividend Rate $100,000 Preferred Stock 6% Par Value Per Share $50,000 Common Stock $0.01 so Preferred Stock $20.00 Year 1 Year 2 Year 3 Year 4 Common Stock Share Price $25 $20 $15 $10 $5 SO Year 1 Year 2 Year 3 Year 4 # + ableau TO 1. Assume that preferred stock is cumulative and compute the amount of cash dividends paid in each of Years 1, 2, 3, and 4 for each of the two classes of shareholders. Also calculate the total cash dividends paid out to each class for Years 1, 2, 3, and 4 combined. 2. How should dividends in arrears be reported on Adita's financial statements? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Assume that preferred stock is cumulative and compute the amount of cash dividends paid in each of Years 1, 2, 3, and 4 for each of the two classes of shareholders. Also calculate the total cash dividends paid out to each class for Years 1, 2, 3, and 4 combined. Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end $ 25,000 Year 1 Year 2 Year 3 Year 4 30,000 210,000 360,000 625.000 Totals $ Complete this question by entering your answers in the tabs below. Required 1 Required 2 How should dividends in arrears be reported on Adita's financial statements? How should dividends in arrears be reported on Adita's financial statements?