Tower Corporation had the following stock outstanding and Retained Earnings at December $31,2021$: Common Stock $($par $$8$; issued and outstanding, $31,000$ shares$)$$ $248,000$Preferred Stock, $9\%($par $$10$; issued and outstanding, $6,100$ shares$)61,000$Retained Earnings$281,000$ On December $31,2021,$ the board of directors is considering the distribution of a cash dividend to the common and preferred stockholders. No dividends were declared during $2019$ or $2020,$ and none have been declared yet in $2021.$ Three independent cases are assumed: Case A:The preferred stock is noncumulative; the total amount of $2021$ dividends would be $$12,700.$Case B:The preferred stock is cumulative; the total amount of $2021$ dividends would be $$16,470.$ Dividends were not in arrears prior to $2019.$Case C:Same as Case B$,$ except the total dividends are $$67,000.$ Required:$1-$a$.$ Compute the amount of $2021$ dividends, in total that would be payable to each class of stockholders if dividends were declared as described in each case. TIP: Preferred stockholders with cumulative dividends are to be paid dividends for any prior years $($in arrears$)$ and for the current year before common stockholders are paid$\mathrm{.}1-$b$.$ Compute per case, the $2021$ dividends per share, payable to each class of stockholders.