Samsung has 6,240 shares of cumilative, 5.75%, $75 par value preferred stock outstanding, and 45,380 shares of common stock with a par value of $5.00 per share. last year the company failed to pay dividend, but the board would like to resume. The board has determined that 65,000 cash will be paid to preferred and common stockholders this year.

Calculate:

1- total amount to be paid to preferred stockholders

2- Total amount to be paid to common stockholders.