Apple Inc. has 10000 preferred shares and 30000 common shares outstanding on Jan 1st 2015. Same date, the preferred shares were issued 40 dollars each also common shares were issued 5 dollars each till Jan 1, 2019. The preferred shares are cumulative and fully participating and they carry a dividend rate of 5 dollar per share. The only time that preferred shares are paid a dividend is in 2015, not in 2016, 2017 and 2018. On the 1st of January, Apple Inc. agrees to purchase a dividend of 300000 dollars.

Please calculate the dividends for preferred and common and show your calculations.