Loki Enterprises has the following stockholders' equity section of the 2004 balance sheet:

Stockholders' Equity

8% Preferred Stock, par value, $85,

8600 shares issued and outstanding $ 731000

Common Stock, par value, $12

108000 shares issued and outstanding 1296000

Additional Paid-in Capital 2487672

Retained Earnings 1108737

Total Stockholders' Equity $ 5623409

Loki Enterprises declared and paid a $389000 cash dividend. The preferred stock is cumulative. The last time that preferred stock dividends were paid was in 2001.

1) Compute the total dividend that is paid to the preferred stockholders.

2) Compute the total dividend that is paid to the common stockholders.

The total dividends paid to the preferred stockholders is $

and the

total dividends paid to the common stockholders is $

.