On January 1, 2014, Black Cat Corporation issued 30,000 shares of 10%, $60 par, cumulative preferred stock and 50,000 shares of $30 par common stock. Over the next 4 years, cash dividends declared by the board were as follows. Determine the amount of cash dividends preferred stockholders and common stockholders would receive for each year, years 2015 to 2018. Please indicate any dividends in arrears for preferred stockholders at each year end. 2014 none 2015 $148,000 2016 $150,000 2017 $295,000 2018 $320,000