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Vaughn, Inc. has 2400 shares of 4%, $50 par value, cumulative preferred stock and 48000 shares of $1 par value common stock outstanding at December

Vaughn, Inc. has 2400 shares of 4%, $50 par value, cumulative preferred stock and 48000 shares of $1 par value common stock outstanding at December 31, 2019. The board of directors declared and paid a $3800 dividend in 2019. In 2020, $17400 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2020?

Preferred Common

$4800 $12600

$11600 $5800

$8700 $8700

$5800 $11600

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