Pearl Company has outstanding 2,300 shares of $100 par, 7% preferred stock and 14,400 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, e.g.1.4278%. Round answers to 2 decimal places, e.g. $6.85.) Assumptions (a) (b) Preferred, noncumulative, and nonparticipating Preferred, cumulative, and fully participating Paid- out Preferred Common Preferred Common $12,600 $ 5.48 5.48 " $26,000 $ .81 A 0 $55,500 $ 2.85 0 $83,000 $ 4.76 0