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Oriole, Inc., has 9800 shares of 5%,$100 par value, noncumulative peeferred stock and 98000 chares of $1 parvalie cemmen stock outstanding at December 31,2021 . If the board of directors declares a $200300 dividend the preterred stockholders will receive 549000 and the conmonstochholders will receive $151306. preferred stockholders will receive the entire 5200300 $4900 will be held as restricted retarned earnines and palis but at some future date. preterred stockhclifers will receive 1/10th ot what the common sockholders will receive