How much will the preferred and common stockholders receive under each of the following:

Sheridan, Inc, has $790,000 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 $272,200 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%6 total