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Cableserve lnc has the following outstanding shares: 16,000 shares, $5.40 cumulative preferred 37,000 shares, common During 2023, the company declared and paid $191,000 in dividends.

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Cableserve lnc has the following outstanding shares: 16,000 shares, $5.40 cumulative preferred 37,000 shares, common During 2023, the company declared and paid $191,000 in dividends. Dividends were in arrears for the previous year (2022) only. No new shares have been issued since the first year of operations. Required: 1. What was the total amount paid to the preferred shareholders as dividends in 2023? 2. What was the total amount paid to the common shareholders as dividends in 2023

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