Problem $17-8($Algo$)$ Dissident stockholder group and cumulative voting $[$LO$17-2]$ The Beasley Corporation has been experiencing declining earnings but has just announced a $50$ percent salary increase for its top executives. A dissident group of stockholders wants to oust the existing board of directors. There are currently $11$ directors and $36,000$ shares of stock outstanding. Ms$.$ Wright, the president of the company, has the full support of the existing board. The dissident stockholders control proxies for $17,901$ shares. Ms$.$ Wright is worried about losing her job. a$-1.$ Under cumulative voting procedures, how many directors can the dissident stockholders elect with the proxies they now hold? Note: Do not round intermediate calculations. Round your answer down to the nearest whole number. Number of directors a$-2.$ How many directors could they elect under majority rule with these proxies? One Two Three Four None b$.$ How many shares $($or proxies$)$ are needed to elect nine directors under cumulative voting? Note: Do not round intermediate calculations. Round your answer up to the nearest whole number.