Prevage Corporation has $10,000$ shares of $$10$ cumulative preferred shares outstanding and $50,000$ common shares outstanding. As of the beginning of this fiscal year, there were $2$ years' dividends in arrears on the preferred shares. The board of directors wants to give the common shareholders a $$1\mathrm{.}50$ dividend per share at the end of this fiscal year. The total dividends to be declared by the Prevage Corporation are:

$$375,000$

$$105,000$

$$120,000$

$$175,000$