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Rensing, Inc. has $820,000 of s preferred stock and $1,150.000 of common stock outstanding each having apar valt of $10 per share. No dividends have

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Rensing, Inc. has $820,000 of s preferred stock and $1,150.000 of common stock outstanding each having apar valt of $10 per share. No dividends have been paid or declared during 2016 and 2017. As of December 31 2018, it is desired to distribute $338.100 individends. How much will the preferred and common stockholders receive under each of the following asumptions: The preferred is noncumulative and nonparticipating The preferred is cumulative and nonparticipating c) The preferred is cumulative and fully participating d] The preferred is cumulative and participating to 9% tot Common stockholders Preferred stockholders $ $ id $

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