View Policies Current Attempt in Progress Waterway Limited has the following information available regarding its share capital at December 31, 2020: Preferred shares, $3.50 cumulative, 20,800 shares issued $1,040,000 Preferred shares, $4.50 noncumulative, 12,500 shares issued 625.000 Common shares, 283,000 shares issued 1,415,000 The shares were issued when the corporation began operations on January 1, 2019. No dividends were declared during 2 2020. On October 30, 2021, the board of directors declares the required preferred share dividends and a $0.50 dividend the common shares. The dividends are payable on December 1, 2021, to the shareholders of record on November 16, 202 How much will be paid to each class of shares? prereeusnareure AUTRE Snares. The dividends are payable on December 1, 2021, to the shareholders of record on November 16, 2021. How much will be paid to each class of shares? Cumulative preferred shares $ Noncumulative preferred shares Common shares eTextbook and Media List of Accounts $ S