10\% Pretened stock-550 par value, outstanding 20,000 shares Common stock - 5100 par value, oulstanding 30,000 shares Retained eamings $1,000,000 3,000,000 630,000 Assuming that the directors deoide to deolare total disbends in the amount of se00,000, and the preferted stock is cumulative and fulty partiopating One years dividends are in arrears on the prefered stock How much should each of the following class of shareholders recelve from dividend declaration? Common stock shareholders: Preferred stock shareholders