The outstanding capital stock of York Brands Corporation consists of 10,000 shares of $75 par value, 10%_ preferred and 25.000 shares of $1 par value common instructions-. Assuming that the company has net income of $250,000, all of which is to be paid out in dividends, and that preferred dividends were not paid during the current year or the past year, determine the amount of dividends paid to common and preferred under the following unrelated assumptions. The preferred stock is noncumulative and non participating the preferred stock is noncumulative and non-participating The preferred stock is cumulative and fully participating