NEED QUICK PLEASE

Exercise 8.9A (Algo) Cash dividends for preferred and common shareholders LO 8-3 Weaver Corporation had the following stock issued and outstanding at January 1, Year 2: 1, 137,000 shares of $10 por common stock. 2. 8,000 shares of $110 par, 6 percent, noncumulative preferred stock. On June 10. Weaver Corporation declared the annual cosh dividend on its 8,000 shares of preferred stock and a $4 per share dividend for the common shareholders. The dividend will be paid on July 1 to the shareholders of record on June 20. Required Determine the total amount of dividend to be pald to the preferred shareholders and common shoreholders