Stockholders$$ equity of Ernst Company consists of $80,000$ shares of $$5$ par value, $10\%$ cumulative preferred stock and $280,000$ shares of $$1$ par value common stock. Both classes of stock have been outstanding since the company$$s inception. Ernst did not declare any dividends in the prior year, but it now declares and pays a $$125,000$ cash dividend at the current year$-$end. I need to find the par value per preferred share, dividend rate, dividend per preferred shares, number of preferred shares, and preferred dividend for two years.