The stockholders' equity section of Sarasota Corporation shows the following on December 31, 2021:

Preferred stock4%, $100 par, 5,500 shares outstanding		$550,000
Common stock$10 par, 61,000 shares outstanding		610,000
Paid-in capital in excess of par		200,000
Retained earnings		161,200
Total stockholders' equity		$1,521,200

Assuming that all of the company's retained earnings are to be paid out in dividends on 12/31/21 and that preferred dividends were last paid on 12/31/19, show how much the preferred and common stockholders should receive if the preferred stock is cumulative and fully participating.