The records of Hollywood Company reflected the following balances in the stockholders' equity accounts at December 31, 2013: Common stock, par $12 per share, 50,000 shares outstanding Preferred stock, 10 percent, par $10 per share, 5,000 shares outstanding Retained earnings, $216,000 On September 1, 2014, the board of directors was considering the distribution of an $85,000 cash dividend. No dividends were paid during the previous two years. Assume that the preferred stock's dividends preference is cumulative. Required: Determine the total and per share amounts that would be paid to the common stockholders and to the preferred stockholders