how do i get the answer? like what do u do to get the $120,000 a d $80,000.

4. Imperial Corporation had the following shares of stock outstanding at December 31, 2018: Common stock, $50 par value, 50,000 shares outstanding Preferred stock, 8 percent, $100 par value, cumulative, 5,000 shares outstanding Dividends were in arrears for 2016 and 2017. On December 31, 2018, total cash dividends of $200,000 were declared. The total amounts payable to preferred stockholders and common stockholders respectively, are a. $40,000 and $160,000. c. $100,000 and $100,000. b. $80,000 and $120,000. d. $120,000 and $80,000