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1 The James Bond Company has the following equity section of its balance sheet: 2. On 12/31/2022 The James Bond Company began business on 1/1/2020

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1 The James Bond Company has the following equity section of its balance sheet: 2. On 12/31/2022 The James Bond Company began business on 1/1/2020 and has never paid a dividend "1 12. On January 31 st 2023 James Bond Company declared and paid $31,000 in dividends i) REQUIRED: 15 A) If the preferred stock is noncumulativeonparticipating how much does the preferred and common 16. stockholders get of the $31,000 dividend? it B) If the preferred stock is cumulativeonparticipating how much does the preferred and common stockholders get of the $31,000 dividend

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