The records of Hoffman Company reflected the following balances in the stockholders' equity accounts at December 31, 2015: Common stock, par $12 per share. 41.000 shares outstanding. Preferred stock. 8 percent, par $12 per share. 6,110 shares outstanding. Retained earnings, $222,000. On January 1, 2016. the board of directors was considering the distribution of a $62,200 cash dividend. No dividends were paid during 2014 and 2015. Required: Determine the total and per-share amounts that would be paid to the common stockholders and to the preferred stockholders under two independent assumptions: The preferred stock is noncumulative. (Round "Per Share" to 2 decimal places and rest to the nearest dollar amount.) The preferred stock is cumulative. (Round "Per Share" to 2 decimal places and rest to the nearest dollar amount.)