5) Assumption: On December 31,XX2, WWW Corporation has 2,000 shares of 6%,$100 par value preferred stock outstanding The company declared a $60,000 cash dividend. The following scenarios are different: 1. The preferred stock is noncumulative, and the company has not missed any dividends in previous years. 2. The preferred stock is noncumulative, and the company did not pay a dividend in each of the two previous years. 3. The preferred stock is cumulative, and the company did not pay a dividend in each of the two previous years. Actions to take: 1. Determine the dividend paid to preferred stockholders and common stockholders under each of the following scenaric