7 Stocked and outstanding for Cowboy ke Cream Cici Jawyear iced below 1. 126.000 shares of 58 par common ock 2. 3 500 shares or sao pat percent, noncumulative preferred stock On July 10, CIC declared the annual cash dividend on 8.500 shares of profetred stock and a 54 per share dividend for the common shareholders. The dividend will be paid on August i to me shareholders of record on July 20 Required Determine the total amount of dividend to be paid to the preferred shareholders and common shareholders Profotod och Common stock Total dividend