Gardner Corporatoin began business on june 30, 2013. At that time, it issued 20,000 shares of $50 par value, six percent, cumulative preferred stock and 90,000 shares of $10 par value common stock. Through the end of 2015, there had been no change in the number of preferred and common shares outstanding.

A. Assume that Gardner declared dividends of $62,700 in 2013, $0 in 2014, and $345,000 in 2015. Calculate the toatl dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015.

B. Assume that Gardner declared dividends of $0 in 2013, $120,000 in 2014, and $177,000 in 2015. Calculate the toatl dividends and the dividends per share paid to each class of stock in 2013, 2014, and 2015.