Curtain company has 8% preferred stock, $100 par value, 12,000 shares issued. They also have 25,000 shares

Question:

Curtain company has 8% preferred stock, $100 12,000 shares issued. They also have 25,000 shares of $10 common stock.
No dividends have been paid out for the last 3 years X6, X7, X8.
Part A The preferred stock is cumulative. Fill in the chart below to show how much of the declared each class of stock will receive:
Part B
The preferred stock is noncumulative. Fill in the chart below to show how much of the declared each class of stock will receive:
Dividend
A dividend is a distribution of a portion of company’s earnings, decided and managed by the company’s board of directors, and paid to the shareholders. Dividends are given on the shares. It is a token reward paid to the shareholders for their... Par Value
Par value is the face value of a bond. Par value is important for a bond or fixed-income instrument because it determines its maturity value as well as the dollar value of coupon payments. The market price of a bond may be above or below par,...