The outstanding capital stock of Buffalo Corporation consists of 2,000 shares of $100 par value, 8% preferred, and 4,900 shares of $50 par value common. Assuming that the company has retained earnings of $92,500, all of which is to be paid out in dividends, and that preferred dividends were not paid during the 2 years preceding the current year, state how much each class of stock should receive under each of the following conditions. The preferred stock is noncumulative and nonparticipating. (Round answers to O decimal places, e.g. $38,487.) The preferred stock is cumulative and nonparticipating. (Round answers to O decimal places, e.g. $38,487.) The preferred stock is cumulative and participating. (Round the rate of participation to 4 decimal places, e.g.1.4278%. Round answers to 0 decimal places, e.g. $38,487.) Click if you would like to Show Work for this question: Open Show Work