can somone show me how to do this please

Raphael Corporation's balance sheet shows the following stockholders' equity section Preferred stock-5% cumulative, $_ par value, 1,000 shares authorized, issued, and outstanding Common stock-$__ par value, 4,000 shares authorized, issued, and outstanding Retained earnings Total stockholders' equity $ 70, eee 88,000 390,000 $ 54e, eee 1 loces 2. If two years preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $20,500, compute the total amount paid to (a) preferted shareholders and (b) common shareholders. Total amount paid to the preferred shareholden Total amount paid to the common shareholders