As of January 2016, Magna Refrigeration Co has 6% preferred stock, $100 par value 10,000 shares issued and outstanding; common stock, $5 par value, 100000 shares issued and outstanding. The following dividends were declared and paid in 2016, 2017, 2018.

2015- No dividends were declared and paid

2016-$15000

2017-$40000

2018-$110000

A) Assuming the preferred stock were non-cumulative, how much dividends did preferred and common stockholders receive for each year dividends were declared.

B)Calculate Dividend per share for each year

C) Assuming the preferred stock were cumulative, how much dividends did preferred and common stockholders receive for each year dividends were declared.

D) Calculate Dividend Per share for each year