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Cheyenne Corp. has 2,400 shures of 9%,5100 par value preferred stockoutstanding at December 31, 2025, At December 31, 2025, the compary dectared a $119,000 cash

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Cheyenne Corp. has 2,400 shures of 9%,5100 par value preferred stockoutstanding at December 31, 2025, At December 31, 2025, the compary dectared a $119,000 cash dlvidend. Determine the dividend psid to preferred stockholders and common stockholders under each of the following scenarios. 1. The preferred stock is noncumulative, and the company has not missed any dividends in previous years. 2. The prefered stock is noncumulative, and the company did not pay a dividend in each of the two previous years. Dividend paid to preteried stockholdets Dividend paid to common stockhalders 5 $ 3. The pirferred stock is curulative, and the company did not pay a dividend in eachof the two previous vears. Divandpas to oreferred stochholders Dividend pald to comunon wockhowers

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