The outstanding share capital of Sarasota Corporation consists of 3,000 shares of preferred and 7,500 common shares for which $285,000 was received. The preferred shares carry a dividend of $6 per share and have a $100 stated value. Assuming that the company has retained earnings of $98,000 that is to be entirely paid out in dividends and that preferred dividends were not paid during the 3 years preceding the current year, state how much each class of shares should receive if the preferred shares are non-cumulative and non-participating. Preferred Common Total Dividends $ $ $