The records of Seahawks Company reflected the following balances in the stockholders' equity accounts at the...

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The records of Seahawks Company reflected the following balances in the stockholders' equity accounts at the end of the current year Common stock $11 par value. 44,000 shares outstanding Preferred stock, 9 percent, $9 par value, 7,000 shares outstanding Retained earnings, $229,000 On September 1 of the current year, the board of directors was considering the distribution of a(n) $67,000 cash dividend No dividends were paid during the previous two years. You have been asked to determine dividend amounts under two independent assumptions a. The preferred stock is noncumulative b. The preferred stock is cumulative. Required: 1. Determine the total and per share amounts that would be paid to the common stockholders and the preferred stockholders under the two independent assumptions Note: Round your "per share" amounts to 2 decimal places. Profinsd stock Common stock Nuncumulative Total Per share Cumulative Total Per share The records of Seahawks Company reflected the following balances in the stockholders' equity accounts at the end of the current year Common stock $11 par value. 44,000 shares outstanding Preferred stock, 9 percent, $9 par value, 7,000 shares outstanding Retained earnings, $229,000 On September 1 of the current year, the board of directors was considering the distribution of a(n) $67,000 cash dividend No dividends were paid during the previous two years. You have been asked to determine dividend amounts under two independent assumptions a. The preferred stock is noncumulative b. The preferred stock is cumulative. Required: 1. Determine the total and per share amounts that would be paid to the common stockholders and the preferred stockholders under the two independent assumptions Note: Round your "per share" amounts to 2 decimal places. Profinsd stock Common stock Nuncumulative Total Per share Cumulative Total Per share