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Laurel Designs has 1,700 shares of 7%,$50 par value cumulative preferred stock issued at the beginning of 2022 . All remaining shares are common stock.

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Laurel Designs has 1,700 shares of 7%,$50 par value cumulative preferred stock issued at the beginning of 2022 . All remaining shares are common stock. Due to cash flow difficulties, the company was not able to pay dividends in 2022 or 2023 . The company plans to pay total dividends of $19,000 in 2024 . How much of the $19,000 dividend will be paid to preferred stockholders and how much will be paid to common stockholders

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