Dividends for Preferred and Common Stock The Stockholders’ Equity category of Greenbaum Company’s balance sheet as of December 31, 2010, 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 2008 or 2009. Greenbaum wants to declare a dividend of $59,000 for 2010.

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.