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Sheridan, Inc. has 9400 shares of 5%, $100 par value, noncumulative preferred stock and 94000 shares of $1 par value common stock outstanding at December

Sheridan, Inc. has 9400 shares of 5%, $100 par value, noncumulative preferred stock and 94000 shares of $1 par value common stock outstanding at December 31, 2019, and December 31, 2020. The board of directors declared and paid a $49300 dividend in 2019. In 2020, $110400 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020?

Preferred Common

$72800

$37600

$47000 $63400

$0 $110400

$55200 $55200

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