willie corporation has 15,000 shares of 10% par, culmulative preffered stoke outstanding and 25,000 shares of no-par common stock outstanding. At the end of the current year, Willie corporation declares a dividend of $120000.Dividends of $37,500 are in arrears as of january 1 of the current year. Required : how much of the $120000 of the dividends will go to the prefferred stackholders and the common stockholders? ( show computations)