Baker Company has common and preferred stock outstanding as follows. common stock: 100,000 shares $30 par value 8 percent preferred stock 10,000 shares $100 par value Dividends on preferred stock have not been paid for the last three years (in addition to the current year). a. If the company pays a total of $120,000 in dividends, how much will the common stockholders receive per share if the preferred stock is not cumulative? (Round your answer to 2 decimal places.) b. How will your answer differ if the preferred stock is cumulative? a. Common Dividend per share b. Common Dividend per share