Your answer is correct. oncord Corporation has 3,700 shares of 9%, $103 par value preferred stock outstanding at ecember 31, 2017. At December 31,2017, the company declared a $125,500 cash dividend. etermine the dividend paid to preferred stockholders and common stockholders under each of 1e following scenarios. . The preferred stock is noncumulative, and the company has not missed any dividends in revious yea rs. 'he dividend paid to preferred stockholders $ $ 'he dividend paid to common stockholders . The preferred stock is noncumulative, and the company did not pay a dividend in each of the MO previous years. 'he dividend paid to preferred stockholders $ $ 'he dividend paid to common stockholders