Stockholders' equity of Ernst Company consists of $90,000$ shares of $$5$ par value, $10\%$ cumulative preferred stock and $330,000$ shares of $$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 $$145,000$ cash dividend at the current year$-$end.

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

$\backslash$table$[[,\backslash$table$[[$Par Value per$],[$Preferred$],[$Share$]],\backslash$table$[[$Dividend$],[$Rate$]],\backslash$table$[[$Dividend per$],[$Preferred$],[$Share$]],\backslash$table$[[$Number of$],[$Preferred$],[$Shares$]],\backslash$table$[[$Preferred$],[$Dividend for$],[$two years$]],],[$Calculation of preferred dividend:,,,$\%,,,],[,,,,,,],[$Total cash dividend,,,,,,$],[$To preferred shareholders,,,,,,$],[$To common shareholders,,,,,,$]]$