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Rogers Company has the following stockholders' equity section of the 2 0 2 3 balance sheet: Additional Resources * Stockholders ' Equity * 7 %

Rogers Company has the following stockholders' equity section of the 2023 balance sheet:
Additional Resources
*Stockholders' Equity*
7% Preferred Stock, par value, $95,
16,000 shares issued and outstanding
Common Stock, par value, $26
52,000 shares issued and oustanding
Additional Paid-In Capital
Retained Earnings
Total Stockholders' Equity
Rogers Company declared and paid a $530,000 cash dividend in 2023. The preferred stock is noncumulative. The last time that preferred stock dividends were paid was in 2019.
Required:
Compute the total dividend that is paid to the preferred stockholders.
Compute the total dividend that is paid to the common stockholders.

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