P Corporation stock consists of the following: Common Stock, $3 par value, 350,000 shares outstanding Non-Cumalutive Preferred Stock, $10 par value, 6%, 100,000 shares outstanding On January1, 20X1 P Corporation's Beginning Retained Earnings balance was ZERO. T Corporation declared and paid the following cash dividends in 20X1-20X5: 20X1: $100,000 20X2: $35,000 20X3; $120,000 20X4: $0 20X5: $400,000 Determine the amount of dividends paid to both the Common Stock and Preferred Stock shareholders each year. 20X1: Dividends-Common Shareholders:__ Dividends-Preferred Shareholders: 20X2: Dividends-Common Shareholders: Dividends-Preferred Shareholders: 20X3: Dividends-Common Shareholders: Dividends-Preferred Shareholders: 20X4: Dividends-Common Shareholders: Dividends-Preferred Shareholders: 20X5: Dividends-Common Shareholders:_ Dividends-Preferred Shareholders