10. Flowers Inc. has both common and preferred stock. There are 72000 shares of $10 par common stock outstanding and 3000 shares of $17 par, 8% preferred stock outstanding. The company did not pay any dividends in last year. The company decided to pay $11260 in dividends this year. b) Calculate the amount of preferred dividends to be given to preferred and common shareholders this year, assuming the preferred stock is cumulative. c) Calculate the amount of preferred dividends to be given to preferred and common shareholders this year, if preferred stock is noncumulative