Hent Practice Solutions anual Coronado Companys ledger shows the following balances on December 31, 2020. ley CP excel continued Access 6% Preferred Stock-$10 par value, outstanding 20.100 shares $201.000 Common Stock-$100 par value, outstanding 31.700 shares 3,170,000 Retained Earning 579.000 Discussions Conferences Collaborations Assuming that the directors decide to declare total dividends in the amount of $399.000, determine how much each class of stock should receive under each of the conditions stated below. One year's dividends are in arrears on the preferred stock. WileyPLUS Support (a) The preferred stockis cumulative and fully participatine (Round the rate of participation to decimal places eg. 14278% Round answers to O decimal places 5.38.487) Preferred to the preferred stock (Round answers to decimal places a $38.487) Preferred on the common stock (Round the rate of participation to 4 decimal place