Novak Corp. has 3,000 shares of 7%,$100 par value preferred stock outstanding at December 31, 2025, At December 31, 2025, the company declared a $122,000 cash dividend. Determine the dividend paid to preferred stockholders and common stockholders under each of the following scenarios. 1. The preterred stock is noncumulative, and the company has not missed any dividends in previous years. Dividend paid to preferred stockholders $ Dividend paid to common stockholders $ 2. The preferted stock is noncumulative, and the company did not pay a dividend in each of the two previous years. Dividend paid to preferred stockholders Dividend paid to commonstockholders Dividend paid to preferred stockholders $ Dividend paid to common stockholders 3. The preferred stock is cumulative, and the company did not pay a dividend in each of the two previous years. Dividend paid to preferred stockholders Dividend paid to common stockholders eTextbook and Media