On December 31, Year 3, the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during Year 1 or Year 2. Three independent cases are assumed: Case The preferred stock is noncumulative; the total amount of Year 3 dividends A: would be $28,000. Case B:The preferred stock is cumulative; the total amount of Year 3 dividends would be $28,000. Dividends were not in arrears prior to Year 1. C: Case Same as Case B, except the amount is $71,000. Required: 1-a. Compute the amount of Year 3 dividends, in total, that would be payable to each class of stockholders if dividends were declared as described in each case