Shoreline Company has 10,000 shares outstanding of $50 par value, 5% cumulative preferred stock and 50,000 shares of $2 par value common stock. The company declared cash dividends of $110,000. Dividend Calculation #1: If no arrearage on the preferred stock exists, how much in total dividends and in dividends per share is paid to each class of stock? Dividend Calculation #2: If one year's dividend arrearage on the preferred stock exists, how much in total dividends and in dividends per share is paid to each class of stock