*E15-23 (Preferred Stock Dividends) Hagar Company has outstanding 2,500 shares of $100 par, 6% preferred stock and 15,000 shares of $10 par value common. The schedule below shows the amount of dividends paid out over the last 4 years. Instructions Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per share amounts using the format shown below. Assumptions (a) Preferred, noncumulative, and nonparticipating (b) Preferred, cumulative, and fully participating Year Paid-out Preferred Common Preferred Common 2011 $12,000 2012 $26,000 2013 $52,000 2014 $76,000