Bonita Company's ledger shows the following balances on December 31, 2017. 7% Preferred Stock-$10 par value, outstanding 18,000 shares Common Stock-$100 par value, outstanding 28,800 shares Retained Earnings 180,000 2,880,000 581,000 directors decide to declare total dividends in the amount of $391,000, determine how much each dlass of stock should receive under each of the conditions stated below. One year's dividends are in arrears on the preferred stock ) The preferred stock s cumulative and fuly participating. (Round the rate of participation to a decimal placens, e.g places, eg, 1.4278%. Round answers to 0 decimal places, eg. $38,487.) Preferred Common (b) The preferred stock is noncumulative and nonparticipating. (Round answers to 0 decimal places, e.g. $38,487) Preferred Common (c) The preferred stock is noncumulative and is participating in distributions in excess of a e.g. 1.4278%, Round answers to O decimal places, e.g. 38,487.) 9% divider rate on the common stock (Round the rate ofparticipation to 4 deci alplaces, Preferred Common