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Question 17 of 26 -/10 E View Policies Current Attempt in Progress Sheridan, Inc., has $750,000 of 4% preferred stock and $1,100,000 of common stock outstanding, each having a par value of $10 per share. No dividends have been paid or declared during 2019 and 2020. As of December 31, 2021. it is desired to distribute $252,400 in dividends. How much will the preferred and common stockholders receive under each of the following assumptions: (a) The preferred is noncumulative and nonparticipating (b) The preferred is cumulative and nonparticipating. (c) The preferred is cumulative and fully participating (d) The preferred is cumulative and participating to 7% total. Preferred stockholders S Common stockholders $ (a) (b) $ (c) $ $ $ $ (d) $ Save for Later Attempts: 0 of 1 used Submit Answer Type here to search 9 F1 F2 F3 F4 F5 l F6 F7 F8 F9 F10 a # $ % & * 1 2 3 > > 4 5