How do I go about finding the Total amount paid to the preferred shareholders and subsequently the total amount paid to the common shareholders? I don't understand how $19,300 factors into the calculation.

Required information [T he following information applies to the questions displayed below. ] Raphael Corporation's balance sheet shows the following stockholders' equity section. Preferred stock5% cumulative, 5 par value, 1,000 shares authorized, issued, and outstanding $ 85,000 Common stock$_ par value, 4,000 shares authorized, issued, and outstanding 180.000 Retained earnings 340.000 Total stookholdera' equity $ 605,000 4. If two years' preferred dividends are in arrears at the current date and the board of directors declares cash dividends of $19,300, what total amount will be paid to the preferred and to the common shareholders? Total amount paid to the preferred shareholders Total amount paid to the common shareholders