PROBLEM 4 Fairbanks Consulting, Inc. has 10000 shares of $5, no-par preferred stock and 60,000 shares of $2.par common stock outstanding for 2018 - 2020. The company declared and paid the following dividends during the three year period. 2018, $30,000; 2019, $150,000; 2020, $300,000. Requirements Compute the total dividends to preferred stockholders and to common stockholders each year if a) Preferred stock is cumulative. b) Preferred stock in noncumulative