Xtreme Sports has 1,000 shares of $4.50 (dividend) cumulative and nonparticipating preferred shares and 10,000 common shares outstanding. The previous year, the company paid total dividends of $1,000. If $20,000 total dividends is to be paid in the current year:

(a) What is the amount that must be paid to the preferred shareholders?

(b) What is the amount that must be paid to the common shareholders?