The shareholders’ equity of WBL Industries includes the items shown below. The board of directors of WBL declared cash dividends of $8 million, $20 million, and $150 million in its first three years of operation—2011, 2012, and 2013, respectively. ($ in millions) Common stock $ 100 Paid-in capital—excess of par, common 980 Preferred stock, 8% 200 Paid-in capital—excess of par, preferred 555 -------------------------------------------------------------------------------- Required: Determine the amount of dividends to be paid to preferred and common shareholders in each of the three years, assuming that the preferred stock is cumulative and nonparticipating. (Enter your answers in millions. Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response.) Preferred Common 2011 $ $ 2012 2013