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The stockholders' equity section of Lemay Corporation shows the following on December 31, 2018: Preferred stock5%, $100 par, 5,400 shares outstanding $540,000 Common stock$10 par,

The stockholders' equity section of Lemay Corporation shows the following on December 31, 2018:

Preferred stock5%, $100 par, 5,400 shares outstanding $540,000

Common stock$10 par, 61,000 shares outstanding 610,000

Paid-in capital in excess of par 210,000

Retained earnings 119,000

Total stockholders' equity $1,479,000

Assuming that all of the company's retained earnings are to be paid out in dividends on 12/31/18 and that preferred dividends were last paid on 12/31/16, show how much the preferred and common stockholders should receive if the preferred stock is cumulative and fully participating.

Preferred stockholders $ ....

Common stockholders $ ......

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