Exercise 10-4 Determine the amount of preferred stock dividends (LO10-3) Nathan's Athletic Apparel has 800 shares o 6% 100 par value preferred stock the company issued at he begin not able to pay dividends in 2017, but plans to pay dividends of $23,000 in 2018 na o 2017 remainin share are common stock. he company was Required: 1. & 2. Assuming the preferred stock is cumulative and noncumulative, how much of the $23,000 dividend will be paid to preferred stockholders and how much will be paid to commorn stockholders in 2018? Cumulative Cumulative Non Preferred dividends for 2018 Preferred dividends in arrears for 2017 Remaining dividends to common stockholders Total dividends 0