Exercise 15-23 Oriole Company has outstanding 2,600 shares of $100 par, 7% preferred stock and 16,400 shares of $10 par value common. The following schedule shows the amount of dividends paid out over the last 4 years. Allocate the dividends to each type of stock under assumptions (a) and (b). Express your answers in per-share amounts using the format shown below. (Round the rate of participation to 4 decimal places, eg. 1.4278%. Round answers to 2 decimal places, eg. $6.85.) Assumptions Preferred, noncumulative, and nonparticipating Preferred, cumulative, and fully participating Yer Paie.eut PrefedCommenPreten Preferred Common Preferred Common 2015 $13,500 2016 $26,400 2017 $62,000 2018 $83,200