Can i get help solving allocating the cash dividend b/w preferred and common stockholders?

A corporation had the following outstanding stock when the company's board of directors declared a $175,000 cash dividend during the current year: Preferred stock. $75 par, 9%, 5,000 shares issued and outstanding Common stock, $20 par, 75,000 shares issued and outstanding Total 375.000 1,500,000 1.875,000 Allocate the cash dividend between the preferred and common stockholders assuming the preferred stock is cumulative and nonparticipating and the dividends are one year in arrears