At the start of 2013, Shasta Corporation has 15,000 outstanding shares of preferred stock, each with a $60 par value and a cumulative 7% annual dividend. The company also has 28,000 shares of common stock outstanding with par value of $37.50 per share.
2013 $0
2014 $ 49,500
2015 $178,500
Calculate the dividends paid to each category of stockholders, in total and per share.