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Kerry Company has 950 shares of $100 par value, 8% preferred stock and 11,000 shares of $10 par value common stock outstanding. The preferred stock

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Kerry Company has 950 shares of $100 par value, 8% preferred stock and 11,000 shares of $10 par value common stock outstanding. The preferred stock is cumulative and nonparticipating. Dividends were paid in 2013. Since 2013, Kerry has declared and paid dividends as follows: Required: 1. Determine the amount of the dividends to be allocated to preferred and common stockholders for each year 2015 to 2017 . If an amount is zero, enter " 0 ". 2. If the preferred stock had been noncumulative, how much would have been allocated to the preferred and common stockholders each year

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