Nowell Incorporated had the following stock issued and outstanding at January 1, Year 2: 1. 109,000 shares of no-par common stock. 2. 31,000 shares of $50 par, 5 percent, cumulative preferred stock. (Dividends are in arrears for one year, Year 1.) On March 8, Year 2, Nowell declared a $173,000 cash dividend to be paid March 31 to sharehoiders of fecord on March 20. Required What amount of dividends will be paid to the preferred shareholders versus the common shareholders