please show calculation

9) The records of Jolly Old Soul Corporation (Jolly) showed the following balances in the shareholders' equity accounts at December 31, 2023: On October 25,2023 , the board of directors was contemplating the distribution of a $90,000 cash dividend. No dividends were paid out during 2021 and 2022. Required (13 marks) : Determine the total amounts, as well as dollars per share, of dividends that would be paid out to the preferred shareholders and common shareholders assuming that : a. The preferred shares are cumulative. b. The preferred shares are non-cumulative