The Stockholders' Equity category of Greenbaum Company's balance sheet as of December 31, 2017, appeared as follows:

Preferred stock, $100 par, 8%, 1,000 shares issued and outstanding ................$ 100,000

Common stock, $10 par, 20,000 shares issued and outstanding ........................200,000

Additional paid-in capital ....................................................................250,000

Total contributed capital ...................................................................$ 550,000

Retained earnings .............................................................................450,000

Total stockholders' equity ................................................................$1,000,000

The notes to the financial statements indicate that dividends were not declared or paid for 2015 or 2016. Greenbaum wants to declare a dividend of $59,000 for 2017.

Required

Determine the total and the per-share amounts that should be declared to the preferred and common stockholders under the following assumptions:

1. The preferred stock is noncumulative, nonparticipating.

2. The preferred stock is cumulative, nonparticipating.