Flint Limited’s ledger shows the following balances on December 31, 2020: Assuming that the directors decide to declare

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Flint Limited’s ledger shows the following balances on December
31, 2020:
Assuming that the directors decide to declare total dividends in
the amount of $494,817, determine how much each class of shares
should receive if the preferred shares are cumulative and fully
participating. Note that one year’s dividends are in arrears on the
preferred shares, which pay a dividend of $1.05 per share.
(Round intermediate percentage calculations to 4
decimal places, e.g. 12.2525% and final answers to 0 decimal
places, e.g. 5,275.)
Dividend
Assuming that the directors decide to declare total dividends in
the amount of $494,817, determine how much each class of shares
should receive if the preferred shares are non–cumulative and
non–participating. Note that one year’s dividends are in arrears on
the preferred shares, which pay a dividend of $1.05 per share.
(Round answers to 0 decimal places, e.g.
5,275.)
Dividend
Assuming that the directors decide to declare total dividends in
the amount of $494,817, determine how much each class of shares
should receive if the preferred shares are non–cumulative and are
participating in distributions in excess of a 8% dividend rate on
the common shares. Note that one year’s dividends are in arrears on
the preferred shares, which pay a dividend of $1.05 per share.
(Round intermediate percentage calculations to 4
decimal places, e.g. 12.2525% and final answers to 0 decimal
places, e.g. 5,275.)
Dividend