Please I am very upset. I asked the same question several times, and I paid money for it, why am I losing all the chances of asking but without an answer, please answer me, and give me a full explanation of the way to solve i need also explain the defferince between ' up to ' and ' excess of '

Question 4 Rensing. Inc. has 20.000 shares of 8%, $30 por value preference sheres and 120,000 of ordinary shares outstanding, having a par value of $10 per share. No dividends have been paid or declared during 2017 and 2018. As of December 31, 2019, it is desired to distribute $460,000 in dividends. Instructions a) How much will the preference and ordinary shareholders receive if the company declared and paid $460,000 in cash dividends if the preference is cumulative and participating in excess of 12%. b) How much will the preference and ordinary shareholders receive if the company declared and paid $294,000 in dividends and the preference is cumulative and participating up to 12% total