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Dorothy OTB Corporation reports the following shareholders' equity as of December 31, 2021: $1,666,000 Preferred...

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Dorothy OTB Corporation reports the following shareholders' equity as of December 31, 2021: $1,666,000 Preferred shares, $4.00,519,000 shares authorized, 119,000 shares issued and outstanding Common shares, unlimited shares authorized, 200,000 shares issued and outstanding Retained earnings 2,752,000 3,300,000 $7,718,000 (a) Assume the board of directors declares dividends totaling $1,600,000 to the shareholders. The preferred shares are cumulative, and no dividends were declared last year. Calculate the amount per share each class of shares will receive. (Round answers to 2 decimal places, eg. 5.75.) Preferred shares Common shares Amount per share $ $ $

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