On January 1, 2016, a corporation issued 25,000 shares of 10%, $50 par, cumulative preferred stock and 50,000 shares of $30 par common stock. Cash dividends declared by the board were as follows. Determine the amount of total dividends and dividends per share for preferred stockholders and common stockholders. 2016 2017 2018 2019 2020 none $100,000 $275,000 $300,000 $350,000 Total Year Preferred Per Share Preferred Total Common Per Share Common 2016 2017 2018 2019 2020