The outstnding capital stock of Coronado Corporation consists of 2,000 shares of $100 par value, 7% preferred, and 4,500 shares of $50 par value common. Assuming that the company has retained earnings of $85,500, 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. 3. The preferred stock is noncumulative and nonparticipatine (Round answers to 0 decimal ploces, es, 38,487.) b. The preferred stock is cumulative and nonparticipating. (Round onswers to o decimal ploces, es. 38,487) c. The preferred stock is cumulative and participating (Round the rote of participotion to 4 decimal ploces, eg 14278%. Round answers to 0 decimal places, es 38,487 )