The Tarzan Company began business on 1/1/2016 when they issued the following 2000 shares of 100 par 6 % preferred stock for $200,000 100,000 shares of $1 par common stock for $500,000 In 2016 Tarzan reported income of $195,000 In 2017 Tarzan reported income of $180,000 Tarzan did not pay any dividends in 2016 In 2017 Tarzan paid a dividend of $78,000 Part 1: If the preferred stock is non-cumulative non-participating how is the dividend divided between common and preferred stockholders (total dollars not per share) What is Tarzan's earnings per share for 2016? What was Tarzan's eamings per share for 20177 Part 2: if the preferred stock is cumulative non-participating, how is the dividend divided between common and preferred stockholders (total dollars not per share) What was Tarzan's eanings per share for 2016? What was Tarzan's eamings per share for 20177 Part 3: If the preferred stock is non-cumulative non-participating what is the earnings per share for 2016 and 20177 Part 4: if the preferred stock is cumulative non-participating what is the earnings per share for 2015 and 20177