Farley Corporation has outstanding 15,000 shares of \(\$ 50\) par value, \(9 \%\) cumulative and nonparticipating preferred stock and 35,000 shares of \(\$ 20\) par value common stock. During the first four years in its life, the corporation declared and paid the following amounts in dividends: first year, \(\$-0-\); second year, \(\$ 85,000\); third year, \(\$ 150,000\); and fourth year, \(\$ 75,000\). Determine the total dividends paid to each class of stockholders each year.