Sweet Corporation has outstanding 10,500shares of $100par value,5% preferred stock and60,800shares of $10par value common stock. The preferred stock was issued in January 2020, and no dividends were declared in 2020 or 2021. In 2022, Sweet declares a cash dividend of $292,000. (a) Assume that the preferred are noncumulative. How much dividend will the preferred stockholders receive? Preferred stockholders would receive $ 30,400 How much dividend will the common stockholders receive? Common stockholders would receive $ 261,600 (b) Assume that the preferred are cumulative. How much dividend will the preferred stockholders receive? Preferred stockholders would receive $ 91.20 How much dividend will the common stockholders receive? Common stockholders would receive $ 200,800