Dividends

Andrews Company has $80,000 available to pay dividends. It has 2,000 shares of 10%, $100 par, preferred stock and 30,000 shares of $10 par common stock outstanding. The preferred stock is selling for $125 per share, and the common stock is selling for $20 per share.

c. Preferred stock is fully participating and cumulative. Preferred dividends are 1 year in arrears at the beginning of the year.

	Preferred	Common
Dividends In Arrears	20,000	--
Current Preferred Dividends	20,000	--
Common Proportional Share	--	????
Remainder	????	????
Total	????	????

I cannot figure out the Common Proportional Share or the distribution of the remainder between Preferred & Common..