The outstanding stock of the Gardner Corp. consisted of 1,000 shares of $100 6%, cumulative preferred stock and 1,000 shares of $100 par common stock. Dividends were paid over a five year period as follows. Show distribution of dividends for each year. Preferred Common 1st year 2nd year 3rd year 4th year 5th year $14,000 18,000 5,000 NONE 30,000