Mega, Inc., has common and 6 percent preferred stock outstanding as follows: Preferred stock: 10,000 shares, $100 par value, cumulative Common stock: 50,000 shares, $50 par value

Preferred stock: 10,000 shares, $100 par value, cumulative

Common stock: 50,000 shares, $50 par value

The company declares a total dividend of $200,000.

If the dividends on preferred stock are one year in arrears (in addition to the current year), how will the total dividend be divided between the common and preferred stock?(Omit the "$" sign in your response.)

	Dividend
Common stock	$
Preferred stock	$