Damaris Co. has the following classes of stock: 

Requirements 

1. Damaris Co. declares cash dividends of $25,000 for 2025. How much of the dividends goes to preferred stockholders? How much goes to common stockholders? 

2. Assume the preferred stock is cumulative and Damaris Co. passed the preferred dividend in 2023 and 2024. In 2025, the company declares cash dividends of $35,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? 

3. Assume the preferred stock is noncumulative and Damaris Co. passed the preferred dividend in 2023 and 2024. In 2025, the company declares cash dividends of $35,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders?

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Preferred Stock-5%, $15 par value; 7,000 shares authorized, 5,500 shares issued and outstanding Common Stock-$0.30 par value; 2,000,000 shares authorized, 1,200,000 shares issued and outstanding