Problem VI: Bugsy Inc. has the following information available at 12/31/X4. Common Stock: $10 par value, 200,000 shares issued and outstanding. Preferred Stock: $75 par, 800, 100,000 shares issued and outstanding. Additional information: The preferred stock is cumulative and no dividends were paid in the prior year (20X3). A total dividend of S1,800,000 is declared and paid in 20X4. Question: What portion of the $1,800,000 total dividend should be allocated to the preferred and common shares? Complete the following chart below with your answers. Answet Preferred shareholders will receive a total of: S Common shareholders will receive a total of:$