Stanley Company has $18,000$ outstanding shares of $$25$ par, $6\mathrm{.}25\%$ preferred stock, and $22,000$ shares of $$3$ par value common stock. The Board of Directors declared and paid the following dividends: $$20,000$ in $2021,$ $$30,000$ in $2022,$ and $$200,000$ in $2023.$

$1.$ Calculate the total amount of dividends allocated to both preferred and common shareholders in $2023$ for the following type of preferred stock: noncumulative and participating. Show calculations and label answers $($yellow highlight$).$

$2.$ Same as above except calculate the dividends allocated to both preferred and common shareholders in $2023$ for the following type of preferred stock: cumulative and nonparticipating. Show calculations and label answers $($yellow highlight$).$Stanley Company has $18,000$ outstanding shares of $$25$ par, $6\mathrm{.}25\%$ preferred stock, and $22,000$ shares

of $$3$ par value common stock. The Board of Directors declared and paid the following dividends:

$$20,000$ in $2021,$$$30,000$ in $2022,$ and $$200,000$ in $2023.$

Calculate the total amount of dividends allocated to both preferred and common shareholders

in $2023$ for the following type of preferred stock: noncumulative and participating. Show

calculations and label answers $($yellow highlight$).$

Same as above except calculate the dividends allocated to both preferred and common

shareholders in $2023$ for the following type of preferred stock: cumulative and

nonparticipating. Show calculations and label answers $($yellow highlight$).$