The shareholders equity of Wang Industries includes the data shown below. During 2025, cash dividends of $220 million were declared. Dividends were not declared in 2023 or 2024.

	($ in millions)
Common stock	$ 340
Paid-in capitalexcess of par, common	1,360
Preferred stock, 10%, nonparticipating	170
Paid-in capitalexcess of par, preferred	425

Required:

Determine the amount of dividends payable to preferred shareholders and to common shareholders under each of the following two assumptions regarding the characteristics of the preferred stock.

Note: Enter your answers in millions (i.e., 10,000,000 should be entered as 10).

Assumption A The preferred stock is noncumulative.

Assumption B The preferred stock is cumulative.