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Weaver Corporation had the following stock issued and outstanding at January 1 , Year 1 . 1 4 7 , 0 0 0 shares of

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Weaver Corporation had the following stock issued and outstanding at January 1, Year 1.
147,000 shares of $15 par common stock.
9,000 shares of $110 par, 6 percent, noncumulative preferred stock.
On June 10, Weaver Corporation declared the annual cash dividend on its 9,000 shares of preferred stock and a $5 per share dividend for the common shareholders. The dividends will be paid on July 1 to the shareholders of record on June 20.
Required
Determine the total amount of dividends to be paid to the preferred shareholders and coinmon shareholders.
\table[[Preferred stock],[Common stock]]
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