The outstanding capital stock of Ivanhoe Corporation consists of 1.800 shares of $100 par value, 7% preferred, and 5,500 shares of $50 par value common. Assuming that the company has retained earnings of $91.500, 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. (a) The preferred stock is noncumulative and nonparticipating (Round answers to 0 decimal places, es. $38,487 ) (b) The preferred stock is cumulative and nonparticipating. (Round onswers to 0 decimal places, es. 538,487.). (c) The preferred stock is cumulative and participating, (Round the rote of participation fo 4 decimal places, Ca, 1.4276\% Round answers to Odecimal places, es: $38,487 ) Assuming that the company has retained earnings of $91,500, 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. (a) The preferred stock is noncumulative and nonparticipating. (Round answers to 0 decimal places, es. \$38,487) (b) The preferred stock is cyknulative and nonparticipating (Round answers to 0 decimal ploces, es, \$38,487.) (c) The preferred stock is cumulative and participating. (Round the rate of participotion to 4 decimal places, 83.1.4278%, Round answers to 0 decimal places, eg, \$38,487j