Cup Coffee and Pastries $($CCP$)$ was organized on Jan $1,2023.$ It is authorized to issue an unlimited number of common shares and $120,000$ preferred shares with $$5$ dividend; non$-$paricipating and cumulative. No share transactions took place in $2026.$ In $2026,$ the company has $75,000$ common shares and $40,000$ preferred shares outstanding.The company delared dividend every year except $2025.$ No dividend was declared in $2025.$On Apr $8,2026$ the company declared cash dividend of $868,750$ to be paid out on Jun $16,2026$ to shareholders on record on the same date.Retained Earnings on Dec $31,2025($closing date$)$ was $912,000\mathrm{.}828486$Shaded Space for AnswersRequirement $-1$ Determine how much dividend will be received by EACH preferred and common shareholder on Jun $16,2026.$Preferred ShareholderCommon ShareholderRequirement $-2$ New Scenario: If the preferred shares are non$-$cumulative, how much dividend will be received by EACH preferred and common shareholder on Jun $16,2026.$Preferred ShareholderCommon Shareholder