The following elements of shareholders’ equity are adapted from the balance sheet of Brzynski Marketing Ltd.:

Shareholders’ Equity
Preferred shares, $0.10, cumulative, 100,000 shares
authorized, 60,000 shares issued and outstanding ...........................   $ 60,000
Common shares, 2,000,000 shares authorized, 900,000
shares issued and outstanding ............................................................ 1,500,000

The company has paid all dividends through 2018.

Required

Compute the dividends paid to preferred shareholders and to common shareholders for 2019 and 2020 if total dividends are $0 in 2019, and $47,000 in 2020. Round your answers to the nearest dollar.