Current Attempt in Progress Nash, Inc., has $760,000 of 4% preferred stock and $1,200,000 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 $276,400 in dividends. How much will the preferred and common stockholders receive under each of the following assumptions: (a) (b) The preferred is noncumulative and nonparticipating. The preferred is cumulative and nonparticipating. The preferred is cumulative and fully participating. The preferred is cumulative and participating to 7% total. (c) (d) Preferred stockholders Common stockholders (a) $ 30,400 $ 246,000 (b) $ $ (c) $ (d) $ $ Current Attempt in Progress Nash, Inc., has $760,000 of 4% preferred stock and $1,200,000 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 $276,400 in dividends. How much will the preferred and common stockholders receive under each of the following assumptions: (a) (b) The preferred is noncumulative and nonparticipating. The preferred is cumulative and nonparticipating. The preferred is cumulative and fully participating. The preferred is cumulative and participating to 7% total. (c) (d) Preferred stockholders Common stockholders (a) $ 30,400 $ 246,000 (b) $ $ (c) $ (d) $ $