Whispering, Inc., has $750,000 of 4% preferred stock and $1,250,000 of common stock outstanding, each having a par value of $10 per share. No dividends have been paid or declared during 2019 and 2020. As of December 31, 2021, it is desired to distribute $260,000 in dividends. How much will the preferred and common stockholders receive under each of the following assumptions: (a) The preferred is noncumulative and nonparticipating. (b) The preferred is cumulative and nonparticipating. (c) The preferred is cumulative and fully participating. (d) The preferred is cumulative and participating to 7% total. Preferred stockholders Common stockholders (a) $ $ (b) $ $ (c) $ $ (d) $ $