Moser Company began business on March 1, 2007. At that time, it issued 20,000 shares of \(\$ 60\) par value, \(7 \%\) cumulative preferred stock and 100,000 shares of \(\$ 5\) par value common stock. Through the end of 2009 , there has been no change in the number of preferred and common shares outstanding.

a. Assume that Moser declared and paid cash dividends of \(\$ 0\) in 2007, \$183,000 in 2008, and \(\$ 200,000\) in 2009. Compute the total cash dividends and the dividends per share paid to each class of stock in 2007,2008 , and 2009.

b. Assume that Moser declared and paid cash dividends of \(\$ 0\) in \(2007, \$ 84,000\) in 2008 , and \(\$ 150,000\) in 2009 . Compute the total cash dividends and the dividends per share paid to each class of stock in 2007, 2008, and 2009 .