Jane Kathryn Has 30,000 Shares Outstanding of $10 Par Value,10

Jane Kathryn has 30,000 shares outstanding of $10 par value,10% preferred stock and 100,000 shares outstanding $5 par value common stock.In the first 3 years of operations,the company paid dividends in Year 1,$0; Year 2,$40,000; Year 3,$100,000.Calculate the dividend paid to preferred and common stockholders under the following independent situations:
a)Preferred is non-cumulative and nonparticipating.
$\begin{array} { l } \underline{\text { Year }}& \underline{\text {Preferred}}&\underline{\text {Common}}\\1 &\underline{\quad\quad}&\underline{\quad\quad}\\2&\underline{\quad\quad} &\underline{\quad\quad}\\3&\underline{\quad\quad}&\underline{\quad\quad}\end{array}$ b)Preferred is cumulative and nonparticipating.
$\begin{array} { l } \underline{\text { Year }}& \underline{\text {Preferred}}&\underline{\text {Common}}\\1 &\underline{\quad\quad}&\underline{\quad\quad}\\2&\underline{\quad\quad} &\underline{\quad\quad}\\3&\underline{\quad\quad}&\underline{\quad\quad}\end{array}$ c)Preferred is cumulative and participating.
$\begin{array} { l } \underline{\text { Year }}& \underline{\text {Preferred}}&\underline{\text {Common}}\\1 &\underline{\quad\quad}&\underline{\quad\quad}\\2&\underline{\quad\quad} &\underline{\quad\quad}\\3&\underline{\quad\quad}&\underline{\quad\quad}\end{array}$