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Cumulative Preferred Dividends Capital stock of Barr Company includes: Common stock, $5 par, 630,000 shares outstanding $3,150,000 Preferred stock, 15% cumulative, $50 par, 10,000 shares

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Cumulative Preferred Dividends Capital stock of Barr Company includes: Common stock, $5 par, 630,000 shares outstanding $3,150,000 Preferred stock, 15% cumulative, $50 par, 10,000 shares outstanding 500,000 As of December 31,2024,2 years' dividends are in arrears on the preferred stock. During 2025 , Barr plans to pay dividends that total $335,000. Required: 1. Determine the amount of dividends that will be paid to Barr's common and preferred stockholders in 2025 . 2. If Barr paid $240,000 of dividends, determine how much each group of stockholders would receive

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