Question no. 2 The stockholders' equity section of Lemay Corporation shows the following on December 31, 2021: Preferred stock-4%, $100 par, 5,000 shares outstanding Common stock-$10 par, 60,000 shares outstanding Paid-in capital in excess of par Retained earnings Total stockholders' equity $ 500,000 600,000 200,000 119,000 $1,419,000 Assuming that all of the company's retained earnings ($119,000) are to be paid out in dividends on 12/31/21 and that referred dividends were last paid on 12/31/19, show how much the preferred and common stockholders should eceive if the preferred stock is cumulative and fully participating.