Eastern Communications has the folowing stockholders' equity on December 31 EER ck on the icon to wew the stockholders equty) 1. Assuming the prelomed stock is cumulative, compute the amount of dvidends to preemed stockholders and to common stockholders 2016 and 2017 total dividends ae S22,300 in 2016 and for 2. $51.000 in 2017 Assume in pretened stock and common stock in 2017 on December 10, Eastern Communications paid the Record the pumal entries for 2016 assuming that Eastern Communicanons declared the dindend on December 1for stockholders of record on December 20 for 2016 and 2017ftotal didends are Requirement 1. Assusvngthe prefered stock is cumulative, compute the amount of dividends to preferred stockholders and to common st Complete all input boxes stock in Assume dvidends have been paid prior to 2016. Assume no changes in preferred stock and common $22.300 in 2016 and S51000 in 2017. onthe total dvidend line and the pretemed stockholders Inel Eastem, 201sdwidend would be diided between pretemed and common stockholders inthis manner Dvidend to pretemed stockholders Stockholders' Equity $10 Par Value: 150,000 shares authorized 27,000 shares issued and outstanding s 2TO,000 Tota dividend to prelemed stockholders Common Stock $3 Par Value: 575.000 shares Dwidend to common stockholders authorized 320,000 shares issued and outstanding Easteris 201 owdend would be dwded between pretemed and common stockholders 480,000 Paid in Captal in Excess of Par-Common Total Paid Capital Retained Earnings Total dvidend to pretened stockholders Requinement 2.Recendne mal erwies for that deelaed stockholders ofrecord on Communications paid the dildend December 20 (Record debts fist the credts on the last of the jumal entry table entry is required, select 'No entry requed onth ine the Accounts and Explanation cokum and eave the remaining blank choose from any stor enter any number inthe input felds andthen cortnue to the net queston