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03-06-2023
Business

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Flathsh Limited reported the following items in shareholders' equity on December 31, 2020: Share capital: Preferred shares. $5 cumulative dividend 147,000 shares issued
and outstanding
Share capital: Common shares, 767,000 issued and outstanding
Retained earnings
$14,700,000
30,680,000
24.210.000
No dividends were declared in 2018 or 2019; however, in 2020, cash dividends of $5.157.950 were declared. Calculate how much
would be paid to each class of shares

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