Cash Dividends Kerry Company has 800 shares of $100 par value, 11% preferred stock and 8,000 shares of $10 par value common stock outstanding. The preferred stock is cumulative and nonparticipating. Dividends were paid in 2012. Since 2012, Kerry has declared and paid dividends as follows: 2013 2014 2015 2016 $ 0 10,100 20,200 25,400 Required 1. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2014 to 2016. If an amount is zero, enter "O". Year Preferred Dividends Common Dividends 2014 2015 2016 2. If the preferred stock had been noncumulative, how much would have been allocated to the preferred and commorn stockholders each year? Year Preferred Dividends Common Dividends 2014 2015 2016