Lopez Company's outstanding stock consists of $1,500$ shares of noncumulative $5\%$ preferred stock with a $$100$ par value and $14,000$ shares of common stock with a $$10$ par value. During the first three years of operation, the corporation declared and paid the following total cash dividends:

Year $1-$ $$5,000$

Year $2-$ $$12,000$

Year $3-$ $$43,000$

Required:

Over the three$-$year period, what is the total amount of dividends paid to a$)$ preferred shareholders and b$)$ common shareholders?