Common stock, $$5$ par, $640,000$ shares outstanding $$3,200,000$

Preferred stock, $15\%$ cumulative, $$50$ par, $11,000$ shares outstanding $550,000$

As of December $31,2024,2$ years' dividends are in arrears on the preferred stock. During $2025,$ Barr plans to pay dividends that total $$357,500.$Required:

Determine the amount of dividends that will be paid to Barr's common and preferred stockholders in $2025.$

Total dividend to preferred stockholders

$

Total dividend to common stockholders

$

$x$

Total dividend to common stockholders

$x$

If Barr paid $$262,500$ of dividends, determine how much each group of stockholders would receive.

Total dividend to preferred stockholders

$

x

Total dividend to common stockholders

$

$x$