MHE Header Dashboard ter 11 Homework Help Save & Exit Subr Check my work Weaver Corporation had the following stock issued and outstanding at January 1, Year 1. 1. 80,000 shares of $11 par common stock. 2. 9,000 shares of $70 par, 8 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. 04.04:19 Required Determine the total amount of dividends to be paid to the preferred shareholders and common shareholders. Book Preferred stock Common stock ferences