Global Enterprises has $$150\mathrm{.}000$ of $8\%$ noncumulative, preferred stock outstanding. Global Enterprises also has $$550\mathrm{.}000$ of common stock outstanding. In the company's first year of operation, no dividends were paid. During the second year, the company paid cash dividends of $$35\mathrm{.}000.$ This dividend should be distributed as follows:

$$19\mathrm{.}000$ preferred: $$16\mathrm{.}000$ common.

$$8\mathrm{.}750$ preferred $$26\mathrm{.}250$ common.

$$17,500$ preferredi $$17,500$ common.

$$0$ preferred; $$35,000$ common.

$$12,000$ prederred: $$23,000$ eommon.