Divided allocation between classes of shareholders LQ C2 Stockholder equity of Emst company consists of 80,00 shares of $5 par value, 10% cumulative preferred stock and 280,00 shares of $1 par value common stock. Both classes of stock have been outstanding since the company's inception. Emst did not declare any dividends in the prior year, but it now declare and pays a $125,000 cash dividend at the current year-end. Determine the amount distributed to each class of stockholders dor this two-year-old company