Sanders Limited, since it was organized in January $2014,$ has had outstanding $1,200,$$$15,$ preferred shares, and $15,000$ common shares. The corporation declared and paid dividends each year as shown below. Calculate the total dividends distributed to each class of shares under each of the assumptions given.

a$)$ Preferred dividends are non$-$cumulative

$\backslash$table$[[$Year$,\backslash$table$[[$Dividends$],[$Declared$]],$Preferred Dividends,Common Dividends$],[2014,$$$12,000,,],[2015,30,000,,],[2016,50,000,,]]$

b$)$ Preferred dividends are cumulative

$\backslash$table$[[$Year$,\backslash$table$[[$Dividends$],[$Declared$]],$Preferred Dividends,Common Dividends$],[2014,$$$12,000,,],[2015,30,000,,],[2016,50,000,,]]$