Assuming the ABC Company presently has 10,000 shares of 5% cumulative, $100 par value preferred stock outstanding and 100,000 shares of common stock outstanding on 10/20/16:

1. How much, per share, would preferred stockholders receive if the corporation declares a $100,000 dividend?

2. How much, per share, would common stockholders expect to receive?

*No dividends are "in arrears"