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I need a detail processing Burnell, Inc. has 5,000 shares of 4%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value

image text in transcribed I need a detail processing
Burnell, Inc. has 5,000 shares of 4%, $50 par value, cumulative preferred stock and 100,000 shares of $1 par value common stock outstanding at December 31, 2016, and December 31, 2017. The board of directors declared and paid a $8,000 dividend in 2016. In 2017, $30,000 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2017

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