After successfully completing your corporate finance class; you feel the next challenge ahead is to sorve on the boord of clirectors of Schenkel Enterprises. Unfortunately, you will be the only individual voting for you. a. If the company has $70,000 shares outstanding and the stock curreatly welis for $31, how much will it cost you to buy a seat if the company uses straight voting? Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. b. Assume that the company uses cumulative voting and there are three seats in the curtreat elections how much wir it cost you to buy a seat now? Note: Do not round intermediate calculations and round your answer to the nearest whole number, 0.9,32