Cash Dividends Kerry Company has 1,450 shares of $100 par value, 10% preferred stock and 12,000 shares of $10 par value common stock outstanding. The preferred stock is cumulative and nonparticipating. Dividends were paid in 2013. Since 2013, Kerry has declared and paid dividends as follows: 2014 $0 2015 15,000 2016 30.900 2017 35,900 Required: 1. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2015 to 2017. If an amount is zero, enter "0" Common Dividends Year Preferred Dividends 15,000 2015 2016 2017 2. If the preferred stock had been noncumulative, how much would have been allocated to the preferred and common stockholders each year? Year Common Dividends 2015 Preferred Dividende 14,500 14,500 2016 2017 14,500 back