$ 208,000 Stockholders' Equity Paid-In Capital: Preferred Stock-6%, $ 8 Par Value: 150,000 shares authorized. 26,000 shares issued and outstanding Common Stock-$3 Par Value: 575,000 shares authorized, 320,000 shares issued and outstanding Paid-In Capital in Excess of Par-Common Total Paid-In Capital 960,000 640,000 1,808,000 210,000 Retained Earnings Total Stockholders' Equity $ 2,018,000 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 divi are $11,480 in 2018 and 544,000 in 2019. Assume no changes in preferred stock and common stock in 2019. (Assume all preferred dividends have been paid prior to 2018. Compli input boxes. Enter a "O" 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 divide the total dividend to preferred stockholdersline.) New England's 2018 dividend would be divided between preferred and common stockholders in this manner Total Dividend-2018 Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders New England's 2018 dividend would be divided between preferred and common stockholder Total Dividend2018 Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders