Analyzing and Distribeting Cash Dividends to Preferred and Common stocks no cash dividends it the frst year, $220,000 in the second year, and $54,000 in the therd year. a. If the preferred stock is cumbative, determine the total amount of cash divitends paid to each class of stock in each of the three years. b. It the preferred stockis noncumblative determine the total amoust of carh dividends paid to esch dass of stock in each of the three years. How should each type of preferred dividend be treated in calculating tips? Caxic tos would be increased in Years 2 and 3 when the prefered divdends are added froen fet income in the numerator. Dasic trs would be iedixed in vears 2 and 3 when the preferred dividends are added to the number of shares in the denominator, Hatic fos wodid be reduced in Years 2 and 3 when the preferred dividends are subtracted frum net income in the numerator