Sunland Corporation has outstanding 51,000 shares of $50 par value, 5% preferred stock and 324,000 shares of $1 par value common stock. The preferred stock was issued in July 2017 , and no dividends were declared in 2017 or 2018. In 2019, Sunland declares a cash dividend of $540,000. (a) How will the dividend be shared by common and preferred stockholders if the preferred is noncumulative? Preferred Stockholders $ Common Stockholders $