Sheridan, Ltd$.$ has $9,000$ outstanding no par value $$1\mathrm{.}00$ preferred shares issued for $$90,000$ and $38,000$ outstanding no par value

common shares issued for $$26,600.$

No dividends were paid or declared during $2023$ and $2024.$ Sheridan wants to distribute $$58,810$ in dividends on December $31,2025.$

$($a$)$

Calculate the amount of dividends to be paid to each group of shareholders $($i$.$e$.,$ preferred and common$),$ assuming the preferred

shares are non$-$cumulative and non$-$participating.