Whispering Winds Limited's ledger shows the following balances on December $31,2023$:

$.$

Question Part Score

$($b$)$

Question Part Score

$($c$)$

Assuming that the directors decide to declare total dividends in the amount of $$459,200,$ determine how much each class of

shares should receive if the preferred shares are non$-$cumulative and are participating in distributions in excess of a $10\%$ dividend

rate on the common shares. Note that one year's dividends are in arrears on the preferred shares, which pay a dividend of $$1\mathrm{.}96$

per share. $($Round intermediate percentage calculations to $4$ decimal places, e$.$g$.12\mathrm{.}2525\%$ and final answers to $0$ decimal places, e$.$g$.$

$5,275.)$