The outstanding share capital of Ayayai Corporation consists of 2,600 shares of preferred and 6.800 common shares for which $244,800 was received. The preferred shares carry a dividend of $5 per share and have a $100 stated value. Assuming that the company has retained earnings of $55.000 that is to be entirely 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 shares should receive if the preferred shares are non-cumulative and non-participating. Total Preferred $ Common $ Dividends $ Assuming that the company has retained earnings of $55.000 that is to be entirely 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 shares should receive if the preferred shares are cumulative and non-participating Total Preferred $ Common $ Dividends $ Assuming that the company has retained earnings of $55.000 that is to be entirely 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 shares should receive if the preferred shares are cumulative and participating. (Round answers to decimal places, eg. 5,275.) Preferred Common Total Dividends $ $ $ Assuming that the company has retained earnings of $55.000 that is to be entirely 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 shares should receive if the preferred shares are cumulative and participating (Round answers to decimal places, eg. 5,275.) Total Preferred $ Common $ Dividends $ Assume that Ayayai's current year net income was $92,000. Calculate the current year payout ratio under each of the conditions below. (Round answers to 2 decimal places, eg. 52.75.) Payout Ratio (b) The preferred shares are non-cumulative and non-participating The preferred shares are cumulative and non-participating The preferred shares are cumulative and participating (c)