The records of Hollywood Company reflected the following balances in the stockholders equity accounts at the end of the current year Common stock, 510 par value, 31000 shares outstanding Preferred stock, 8 percent. 88 par value, 6,000 shares outstanding Retained earnings, $223,000 On September of the current year, the board of directors was considering the distribution of an $78,000 cash dividend. No dividends were paid during the previous two years. You have been asked to determine dividend amounts under two independent assumptions show computer) The preferred stock is non cumulative 6. The preferred stock is cumulative Required: 1. Determine the total and per share amounts that would be paid to the common stockholders and the preferred stockholders under the two independent assumption (Round your per share amounts to 2 decimal places) Cara Monte pershan Tele 79 Nord MacBook Air 20 4 GOOF ES Fe FE FO 73 A ) * $ 4 ande & 7 * 60 2 6 9 0 Q W E R T T Y U S D F G H J K L N C V B N M