Data Table Preferred Stock-7%, $11 Par Value, 6,000 shares authorized, 4,500 shares issued and outstanding Common Stock-$0.20 Par Value; 2,400,000 shares authorized, 1,100,000 shares issued and outstanding pre much oun PrintDone in th & S13-8 (similar to) Question Help * Platinum Trust has the following classes of stock EEB KClick the icon to view the data) Read the requirements Total Dividend 28,000 Dividend to preferred stockholders: Dividend in arrears 0 3,465 Current year dividend (3,465) Total dividend to preferred stockholders 24,535 Dividend to common stockholders Requirement 2. Assume the preferred stock is cumulative and Platinum passed the preferred dividend in 2016 and 2017 In 2018, the company declares cash dividends of $40,000. How much of the dividend goes to preferred stockholders? How much goes to common stockholders? (Complete all input boxes. Enter "O" for any zero amounts) Platinum's dividend would be divided between preferred and common stockholders in this manner 40,000 Total Dividend Dividend to preferred stockholders: Dividend in arrears 40,000 Current year dividend Total dividend to preferred stockholders Enter any number in the edit fields and then click Check Answer. Check Answer part remaining Clear All