Determine the amount of preferred stock dividends (LO10-3) Nathan's Athletic Apparel has 1,700 shares of 6%, $100 par value preferred stock the company issued at the beginning of 2020. All remaining shares are common stock. The company was not able to pay dividends in 2020, but plans to pay dividends of $22,000 in 2021. Required: 1. & 2. How much of the $22,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders in 2021, assuming the preferred stock is cumulative? What if the preferred stock were noncumulative? X Answer is complete but not entirely correct. Cumulative Non Cumulative Preferred dividends in arrears for 2020 10,200 $ 10,200 Preferred dividends for 2021 ОХ Remaining dividends to common stockholders 10,200 1,600 22,000 11,800 22,000 Total dividends $ $