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Indigo Company's ledger shows the following balances on December 31,2020 . Assuming that the directors decide to declare total dividends in the amount of $335,000,

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Indigo Company's ledger shows the following balances on December 31,2020 . Assuming that the directors decide to declare total dividends in the amount of $335,000, 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. (a) The preferred stock is cumulative and fully participating, (Round the rate of participation to 4 decimal places, eg. 1.4278\%, Round answers to 0 decimol places, e. $38,487} (b) The preferred stock is noncurnulative and nonparticipating (Round onswers to O decimal ploces, eg. $38,487 ) (b) The preterted stock is noncumailative and nonpar ticipating (Round answers to O decinal places es S3c.48\%) (c) The prefermed stock is noncumulative and is participators in distributions in excess of a bos dividend rate on the cominom stock

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