At the beginning of its first year of operations, Sweet Acacia Limited has 5,800, $4 preferred shares and 58,000 common shares. Using the format shown below, allocate the total dividend paid in each year to the preferred and common shareholders, assuming that the preferred shares are (a) noncumulative, and (b) cumulative. (a) Dividend Paid Noncumulative Preferred $23,200 17,400 34,800 40,600 +A Common +A (b) Cumulative Preferred LA Common