Mancini, Inc., has 3,000 shares of its \(\$ 2.50, \$ 10\)-par preferred stock outstanding. Dividends for 19X1 and 19X2 are in arrears, and the company has declared no dividends on preferred stock for the current year, 19X3. Assume that Mancini declares total dividends of \(\$ 35,000\) at the end of 19X3. Show how to allocate the dividends to preferred and common if preferred is

(a) cumulative or

(b) noncumulative.