Great Lakes Manufacturing Inc. reported the following: Shareholders ' Equity Preferred shares , cumulative , $0.10 , 80,000 shares issued .. Common shares , 8,130,000 shares issued . $ 80,000 813,000 Great Lakes Manufacturing has paid all preferred dividends through 2016 . Requirement Compute the total amounts of dividends to both preferred and common shareholders for 2019 and 2020 if total dividends are $50,000 in 2019 and $100,000 in 2020