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  3. carol otb corporation reports the following shareh

Carol OTB Corporation reports the following shareholders' equity as of December 31, 2021: Preferred shares,...

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Carol OTB Corporation reports the following shareholders' equity as of December 31, 2021: Preferred shares, $3.00.527,000 shares authorized, 127.000 shares issued and outstanding $1,651,000 Common shares, unlimited shares authorized, 208,000 shares issued and outstanding 2,745,600 Retained earnings 3,380.000 $7.776,600 (a) Your answer has been saved. See score details after the due date. Assume the board of directors declares dividends totaling $1.679.280 to the shareholders. The preferred shares are cumulative, and no dividends were declared last year. Calculate the share each class of will (Rou 2 places, e.g. 5.75.) Preferred shares Common shares Amount per share $ $ 4.41 Attempts: 1 of 1 used (b) Assume the board of directors authorizes a 2-for-1 split on the common shares. Calculate the number of shares outstanding after the split and the average per share amount for both classes of shares. (Round average per share answers to 2 decimal places, eg. 5.75.) Number of shares outstanding after the split shares Preferred shares Common shares Average per share amount $ Save for Later Attempts: 0 of 1 used Submit

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