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Requirement 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 if total dividends are $7,000 in 2018 and $54,000 in 2019. Assume no changes in preferred stock and common stock in 2019. (Assume all preferred dividends have been paid prior to 2018. Complete all input boxes. Enter a "0" for zero amounts. For the current year preferred dividend, be sure to enter the calculated dividend on the "current year dividend" line and the paid out dividend on the "total dividend to preferred stockholders" line.)


7,000 Data Table Total Dividend—2018 Dividend to preferred stockholders: Dividend in arrears $ 0 10,000 Current year dividend


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Total dividend-2019 54000
Dividend to preferred stockholders
Dividend in arrears 3000
Current year dividend 10000
Total dividend to preferred stockholders 13000
Dividend to Common Stockholders 41000
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