Cullumber, inc, has $850,000 of 4% preferred stock and $1,300,000 of common stock outstanding, each having a par value of $10 per share. No dividends have been paid or declared during 2024 and 2025. As of December 31, 2026, it is desired to distribute $278, 700 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