Togo Inc. has the following shares outstanding 60.000 $0.00, no par value preferred shares S600.000 90.000 no par value common shares $900,000 An shares were sold for 5100 each It is now December 31, 2020, and the board of directors wants to distribute $252,000 in dividends Dividends were not paid on preferred in the proceeding two years. Instructions Calculate how much the preferred and common shareholders will receive under each of the following assumptions: a) The preferred is cumulative and fully participating b The preferred is cumulative and participating to 10% total For the toolbar, Dress ALT+F10 IPO DE ALTFNF10 (Mac) BIUS Paragraph Arial 14px