Given: 23,000 shares cumulative preferred stock ($4.25 dividend per share): 46,000 shares common stock. Dividends paid: 2016, $9,200; 2017, 0; and 2018, $310,000. How much will preferred and common...

Given: 23,000 shares cumulative preferred stock ($4.25 dividend per share): 46,000 shares common stock. Dividends paid: 2016, $9,200; 2017, 0; and 2018, $310,000.

How much will preferred and common stockholders receive each year? (Please be sure to show how you got to the number you did)