On August $20,2021,$ the board of directors of New Hope Utilities Inc. voted to distribute $\backslash (\backslash$$ $3,460,000\backslash )$ to the firm's stockholders. If the firm has issued $50,000$ shares of $\backslash (3\backslash \%\backslash )$ preferred stock with a par value of $\backslash (\backslash$$ $10\backslash )$ and $\backslash (2,350,000\backslash )$ shares of common stock outstanding, calculate the following. $($Round all answers to the nearest cont.$)$On August $20,2021,$ the board of directors of New Hope Utilities Inc. voted to distribute $\backslash (53,460\mathrm{.}000\backslash )$ to the firm's stockholders. If the firm has issued $50,000$ shares of $30$ preferred stock with a par value of $\backslash (\backslash$$ $10\backslash )$ and $\backslash (2\mathrm{.}350,000\backslash )$ shares of common stock outstanding, calculate the tollowing. $($Round all answers to the nearest cent.$)$