Star Home Company has the following classes of stock:

Requirements 

1. How much preferred stock dividends must Star Home declare each year before common stockholders receive any cash dividends for the year?
2. Star Home declares cash dividends of $220,000 for 2024. How much of the dividend goes to preferred stockholders? How much goes to common stockholders?
3. Assume the preferred stock is cumulative and Star Home passed the preferred dividend in 2022 and 2023. In 2024, the company declares cash dividends of $400,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders?
4. Assume the preferred stock is noncumulative and Star Home passed the preferred dividend in 2022 and 2023. In 2024, the company declares cash dividends of $400,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders?

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Preferred Stock-8%, $8 par value; 250,000 shares authorized, 200,000 shares issued and outstanding Common Stock-$1 par value; 300,000 shares authorized, 200,000 shares issued and outstanding