Pharoah Company issues $4900$ shares of its $$10$ par value common stock having a fair value of $$25$ per share and $6900$ shares of its $$15$ par value preferred stock having a fair value of $$25$ per share for a lump sum of $$204600.$ What amount of the proceeds should be allocated to the preferred stock?

$$84960$

$$119639$

$$179400$

$$188239$