The outstanding share capital of Blue Spruce Corporation consists of 3,000 shares of preferred and 6,900 common shares for which $269,100 was received. The preferred shares carry a dividend of $6 per share and have a 5100 stated value Assuming that the company has retained earnings of $80.000 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 Preferred Common Total Dividends $ 5 $ Assuming that the company has retained earnings of $80,000 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 it the preferred shares are cumulative and non-participating Preferred Dividends $ Common Total Assuming that the company has retained earnings of 580,000 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 it the preferred shares are cumulative and participating (Round answers to decimal places, es. 5.275) Preferred Common Dividends $ Total $ Assume that Blue Spruce's current year net income was 591.700. Calculate the current year payout ratio under each of the conditions below. (Round answers to 2 decimal places, eg 52.75.) Payout Ratio (a) (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 Ic)