ders' equity) sto pre Requirements - be be 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 dividends are $22,100 in 2018 and $50,000 in 2019. Assume no changes in preferred stock and common stock in 2019. 2. Record the journal entries for 2018, assuming that Sunrise Communications declared the dividend on December 1 for stockholders of record on December 10. Sunrise Communications paid the dividend on December 20.