Shown below is information relating to the stockholders' equity of Reeve Corporation as of December $31,$ Year $1$:

$4\mathrm{.}0\%$ cumulative preferred stock, $$100$ par value; authorized, $??$ shares; issued and outstanding, $??$ shares $ $1,600,000$

Common stock, $$10$ par value; authorized, $480,000$ shares; issued and outstanding, $164,000$ shares $1,640,000$

Additional paid$-$in capital: Common stock $1,148,000$

Retained earnings $($Deficit$)(82,000)$

Dividends in arrears $64,000$

How many shares of preferred stock are issued and outstanding?