PetsRUs had 8,000 shares of 3%, $8 par value preferred stock and 50,000 shares of $0.50 par value common stock outstanding throughout 2020. Total dividends declared in 2020 were $8,000. The preferred stock is cumulativewith no dividends paid during 2018 and 2019.

Instructions: Determine the amount of dividends to be paid to the common and preferred stockholders in 2020.

Common ____________________________

Preferred ______________________________