Nash Corporation has outstanding $9,900$ shares of $$100$ par value, $6\%$ preferred stock and $64,600$ shares of $$10$ par value common

stock. The preferred stock was issued in January $2025,$ and no dividends were declared in $2025$ or $2026.$ In $2027.$ Nash declares a cash

dividend of $$278,000.$

$($a$)$ Assume that the preferred are noncumulative.

How much dividend will the preferred stockholders receive?

Preferred stockholders would receive $

How much dividend will the common stockholders receive?

Common stockholders would receive $

$($b$)$ Assume that the preferred are cumulative.

How much dividend will the preferred stockholders receive?

Preferred stockholders would receive $

How much dividend will the common stockholders receive?

Common stockholders would receive