MotorsG Company shareholder's equity accounts Jan. 1, 2023: Common stock capital, $5 par: 2,000,000 Preference stock capital, 6% cumulative, $100 par: 5,000,000 Retained earnings: 1,500,000 In the years 2022 and 2023 the number of common and preference stocks issued were the same. In 2022 a cash dividend of $400,000 was declared while $500,000 was declared in 2023. If no dividends were paid to preference shareholders in Dec. 31, 2021, how much cash dividend must be allocated to preference stocks in 2023? Holding the same given above, but instead, the preference stock capital is non-cumulative. If no dividends were paid to preference shareholders in Dec. 31, 2021, how much cash dividend must be allocated to common stocks in 2023?