Ferris Corp. had the following stock issued and outstanding on January 1, 2008.

50,000 shares of $5 par value common stock

20,000 shares of $20 par value 10% preferred, cumulative stock

20,000*20*10% = $40,000 in dividends due each year

Ferris paid the following dividends during the years indicated

2008

$10,000

2009

$20,000

2010

$60,000

2011

$120,000

2012

$100,000

What portion of the dividends paid would go to the preferred stockholders each

year?

What portion of the dividends paid would go to the common stockholders each

year?