Skysong Corporation has outstanding $10,900$ shares of $$100$ par value, $6\%$ preferred stock and $56,500$ shares of $$10$ par value common stock. The preferred stock was issued in January $2025,$ and no dividends were declared in $2025$ or $2026.$ In $2027,$ Skysong declares a cash dividend of $$274,000.$

$($a$)$ Assume that the preferred are noncumulative.

How much dividend will the preferred stockholders receive?

Preferred stockholders would receive $

How much dividend will the common stockholders receive?

Common stockholders would receive

$($b$)$ Assume that the preferred are cumulative.

How much dividend will the preferred stockholders receive?

Preferred stockholders would receive

$

How much dividend will the common stockholders receive?

Skysong Corporation has outstanding $10,900$ shares of $$100$ par value, $6\%$ preferred stock and $56,500$ shares of $$10$ par value common stock. The preferred stock was issued in January $20$ and no dividend's were dectaredth $2025$ or $2026.$ In $2027,$ Skysong declares a cash dividend of $$274,000.$

$($a$)$ Assume that the preferred are noncumulative.

How much dividend will the preferred stackholders receive?

Preferred stockholders would receive $$

How much dividend will the common stockholders receive?

Common stockholders would receive $ $$

$($b$)$ Assume that the preferred are cumulative.

How much dividend will the preferred stockholders receive?

Preferred stockholders would receive s $$

How much dividend will the common stockholders receive?

Common stockholders would receive

s $$