To determine the dividends allocated to preferred and common stockholders, we need the following additional details:

1. Preferred Stock Details:

   • Number of preferred shares outstanding
   • Par value or stated value of preferred stock
   • Dividend rate (percentage or fixed)

2. Dividend Arrears:

   • Whether there are unpaid dividends from prior years for preferred stockholders.

If no such details are provided, we assume:

• No dividends in arrears.
• Preferred stock dividend for the current year is calculated based on the given dividend rate and par/stated value.

Let's calculate assuming some common terms:

Assumptions:

• Preferred stockholders are entitled to a fixed percentage (e.g., 5%) of the par value of their shares as dividends.
• Total dividends declared = $40,000.

General Formula:

1. Dividend to Preferred Stockholders: $\text{Dividend to Preferred Stockholders} = \text{Number of Preferred Shares} \times \text{Par Value} \times \text{Dividend Rate}$
2. Remaining Amount to Common Stockholders: $\text{Dividend to Common Stockholders} = \text{Total Dividend Declared} - \text{Dividend to Preferred Stockholders}$

If you provide the specific preferred stock details, I can calculate the exact allocation.