Dividends Keener Company has had 1,000 shares of 7%, $100 par preferred stock and 40,000 shares of $5 statedvalue common stock outstanding for the last 3 years. During that period, dividends paid totaled $6,000, $28,000, and $30,000 for each year, respectively. Required: Compute the amount of dividends that Keener must have paid to preferred shareholders and common shareholders in each of the 3 years, given the following 3 independent assumptions: If an amount is zero, enter "0". 1. Preferred stock is nonparticipating and noncumulative. Keener Company Schedule of Dividends > Preferred Common Total Year 1 $ 6,000 J $ 0 J $ 6,000 J Year 2 $ 7,000 J $ 21,000 J $ 28,000 J Year 3 $ 7,000 J $ 23,000 J $ 30,000 J Feed back * Check My Work 2. Preferred stock is nonparticipating and cumulative. Keener Company Schedule of Dividends 2. Preferred stock is nonparticipating and cumulative. Keener Company Schedule of Dividends Preferred Common Total Year1$ 6,000 J $ 0 J $ 6,000 J Year2 $] 8,000] J $] 20,000] J $] 23,000] J Year3 $] 7,000] J $] 23,000] J $] 30,000] J Feed ba ck ' Check My Work 3. Preferred stock is fully participating and cumulative. Keener Company Schedule of Dividends Preferred Common Total Year1 $] 6,000] J $] 0] J $] 6,000] J Year2 $| 8,000] x $] 20,000] x 15] 28,000] J Year3 $] 7,000] x $] 23,000] x $] 30,000] J