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The stockholders' equity section of Lemay Corporation shows the following on December 31, 2018: Preferred stock5%, $100 par,5,300shares outstanding$530,000Common stock$10 par,61,000shares outstanding610,000Paid-in capital in excess

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

Preferred stock5%, $100 par,5,300shares outstanding$530,000Common stock$10 par,61,000shares outstanding610,000Paid-in capital in excess of par220,000Retained earnings129,100Total stockholders' equity$1,489,100

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.

compute

preferred stockholders $

Common stockholders $

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