2 Gigantic Manufacturing Inc. reported the following (Click the icon to view the data.) Gigantic Manufacturing has paid all preferred dividends through 2016. Requirement Compute the total amounts of dividends to both preferred and common shareholders for 2019 and 2020 if total dividends are $70,000 in 2019 and $140,000 in 2020. Compute the total amounts of dividends to both preferred and common for 2019 if total dividends are $70,000 in 2019. Class of Shares 2019 Dividends Preferred Common Total $ 70,000 Data Table - X Compute the total amounts of dividends to both preferred Class of Shares 2020 Dividends Preferred Shareholders' Equity Preferred shares, cumulative, $0.05, 40,000 shares issued $ 40,000 Common Common shares, 9,150,000 shares issued 915,000 $ 140,000 Total Print Done