Can someone please show their work on how to do this? Thank you

E13-28 (similar to) The following elements of stockholders' equity are from the balance sheet of Sacchetti Marketing Corp. at December 31, 2017: (Click on the icon to view the data.) Sacchetti paid no preferred dividends in 2017 Read the requirements Requirement 1. Compute the dividends to the preferred and common shareholders for 2018 if total dividends are $180,000 and assuming the preferred stock is noncumulative. Assume no changes in preferred and common stock in 2018. (Complete all input boxes. Enter "O" for any zero amounts.) Sacchetti's 2018 dividend would be divided between preferred and common stockholders in this manner: Data Table Total Dividend-2018 Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders Stockholders' Equity Paid-In Capital: Preferred Stock5%, $2 Par Value; 100,000 shares authorized, 40,000 shares issued and outstanding Common Stock-$0.10 Par Value; 10,500,000 shares authorized, 9,750,000 shares issued and outstanding $ 80,000 975,000 Print Done