Beagle Corporation has 18,000 shares of $10 par common stock outstanding and 15,500 shares of $100 par, 7.50% cumulative, participating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $500,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively?

Beagle Corporation has 18,000 shares of $10 par common stock outstanding and 15,500 shares of $100 par, 7.50% noncumulative, nonparticipating preferred stock outstanding. Dividends have not been paid for the past two years. This year, a $500,000 dividend will be paid. What are the dividends per share payable to preferred and common, respectively?