Stockholders' equity of Ernst Company consists of $82,000$ shares of $$5$ par value, $10\%$ cumulative

preferred stock and $290,000$ 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 $$135,000$ cash dividend at the current year$-$end.

Determine the amount distributed to each class of stockholders for this two$-$year$-$old company.