The Stockholders' Equity category of Greenbaum Company's balance sheet as of December 31, 2016, appeared as follows: Preferred stock, $100 par, 896, 1,000 shares issued and outstanding Common stock, $10 par, 20,000 shares issued and outstanding Additional paid-in capital Total contributed capital Retained earnings Total stockholders' equity $ 100,000 S 200,000 $ 250,000 $550,000 $ 450,000 $ 1,000,000 The notes to the financial statements indicate that dividends were not declared or paid for 2014 or 2015 Greenbaum wants to declare a dividend of $59,000 for 2016. Determine the total and the per-share amounts that should be declared to the preferred and common stockholders under the following assumptions 1 The preferred stock is noncumulative, nonparticipating 2 The preferred stock is cumulative, nonparticipating