Meyers Corporation outstanding capital stock at September 15, 2015 consider of the following: 30,000 share of 5% cumulative preferred stock, par value $10 per share, fully participating as to dividends. 200,000 shares of common stock, par value $1 per share Assumption: There is no dividends in arrears for preferred shareholders. On September 15, 2015, Meyers Corporation declared dividends of $100,000. What is the total amount of cash dividends to be received by Meyers Corporation stockholders for the declaration - both common and preferred stockholders? (Assume the declaration is paid immediately) (No partial credit) Meyers Corporation outstanding capital stock at September 15, 2015 consisted of the following: 30,000 shares of 5% cumulative preferred stock, par value $10 per share, fully participating as to dividends. 200,000 shares of common stock, par value $1 per share Assumption: There is one year of dividends in arrears for preferred shareholders On September 15, 2015, Meyers Corporation declared dividends of $100,000. What is the total amount of cash dividends to be received by Meyers Corporation stockholders for the declaration-both common and preferred stockholders? (Assume the declaration is paid immediately)