E13-13 The following elements of shareholders' equity are adapted from the balance sheet of Brzynski Marketing Ltd.: Shareholders' Equity Preferred shares, $0.10, cumulative, 100,000 shares authorized, 60,000 shares issued and outstanding Common shares, 2,000,000 shares authorized, 900,000 shares issued and outstanding 60,000 1,500,000 The company has paid all dividends through 2018. Required Compute the dividends paid to preferred shareholders and to common shareholders for 2019 and 2020 if total dividends are $0 in 2019, and $47,000 in 2020. Round your answers to the nearest dollar. 3 Computing dividends on preferred and common shares Common gets $35,000