The records of Hollywood Company reflected the following balances in the stockholders equity accounts at December 31, 2013: Common stock, par $11 per share, 38,000 shares outstanding Preferred stock, 9 percent, par $9 per share, 9,000 shares outstanding Retained earnings, $225,000 On September 1, 2014, the board of directors was considering the distribution of a $83,000 cash dividend. No dividends were paid during the previous two years. You have been asked to determine dividend amounts under two independent assumptions (show computations): a. The preferred stock is noncumulative. b. The preferred stock is cumulative. Required: 1. Determine the total and per share amounts that would be paid to the common stockholders and to the preferred stockholders under the two independent assumptions. (Round "per share" to 2 decimal places.)