CP 11-8 Landers Flynn Inc. has 1,000 shares of $5 cumulative preferred stock outstanding. Dividends were not paid last year. The corporation also has 5,000 shares of common stock outstanding, Landers Flynn declared a $14,000 cash dividend to be paid in the current year. Required: Calculate the amount of dividends received by 1. the preferred stockholders; 2. the common stockholders