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1. 64,000 shares of $9 par common stock 2.4.500 shares of $90 par. 5 percent, noncumulative preferred stock On June 10. Weaver Corporation declared the

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1. 64,000 shares of $9 par common stock 2.4.500 shares of $90 par. 5 percent, noncumulative preferred stock On June 10. Weaver Corporation declared the annual cash dividend on its 4,500 shares of preferred stock and a $1 per share dividend for the common shareholders. The dividend will be paid on July 1 to the shareholders of record on June 20 Required Determine the total amount of dividend to be paid to the preferred shareholders and common shareholders. Preferred stock Common stock Total dividend

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