3)(18 points) Rensing, Inc. has 800 shares of S100 par value 6% preferred stock t 12,000 shares of $1 par value common stock outstanding, each having a par value also has $10 per share. No dividends were declared or paid during 2010. In 2011 $5,000 divideng were paid and in 2012 $20,000 dividends were paid Instructions 0w much dividends will the preferred and common stockholders receive in each of the years 2010, 2011 and 2012 under the following assumptions: (a) The preferred is noncumulative (9) 2010 2011 2012 Dividends Paid Preferred Shareholders Dividends in Arrears Common Shareholders P/F cis Dividends per share (b) The preferred is cumulative (9) 2010 2011 2012 Dividends Paid Preferred Shareholders Dividends in Arrears Common Shareholders Dividends per share P/F ciS