Check my The records of Keating Corporation reflected the following balances in the stockholders' equity accounts at December 31, 2021 Common stock, par $12 per share, 41,000 shares outstanding. Preferred stock, 8 percent, par $12.00 per share, 6.110 shares outstanding Retained earnings, $222,000 On January 1, 2022, the board of directors was considering the distribution of a $62,200 cash dividend. No dividends were paid during 2020 and 2021 Required: 1. Determine the total and per-share amounts that would be paid to the common stockholders and to the preferted stockholders under two independent assumptions: a. The preferred stock is noncumulative. b. The preferred stock is cumulative 2. Why might the dividends per share of common stock be different for noncumulative preferred stock and cumulative preferred stock? nicos Complete this question by entering your answers in the tabs below. 10 Complete this question by entering your answers in the tabs below. ts Reg 1A Req 18 Reg 2 Rook Hint Determine the total and per-share amounts that would be paid to the common stockholders and to the preferred stockholders assuming the preferred stock is cumulative. (Do not round Intermediate instructions. Round "Per Share to 2 decimal places and rest to the nearest dollar amount.) Print forences Paid to the Preferred Stockholders Paid to the Common Stockholders $ Total Per Share 17,598 s 2.88 44,602 s 1.09 $