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Help ASAP please Help Stockholders' equity of Ernst Company consists of 81,000 shares of $5 par value, 9% cumulative preferred stock and 285,000 shares of$1

Help ASAP please
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Help Stockholders' equity of Ernst Company consists of 81,000 shares of $5 par value, 9% cumulative preferred stock and 285,000 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 declares and pays a $130,000 cash dividend at the current yeer-end Determine the amount distributed to each class of stockholders for this two-year-old company 02 Dividend Preferrad Total cash dividend To preferred shareholden To common shareholders

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