i Requirements 1. Compute the dividends to the preferred and common shareholders for 2018 if total dividends are $200,000 and assuming the preferred stock is noncumulative. Assume no changes in preferred and common stock in 2018. 2. Record the journal entries for 2018 assuming that Sacchetti Marketing Corp. declared the dividends on July 1 for stockholders of record on July 15. Sacchetti paid the dividends on July 31. Print Done 1 Data Table - X Stockholders' Equity Paid-In Capital: Preferred Stock-6%, $2 Par Value; 160,000 shares authorized, 75,000 shares issued and outstanding Common Stock-$0.10 Par Value; 11,250,000 shares authorized, 10,500,000 shares issued and outstanding $ 150,000 1,050,000 Print [Done Print Done Homework: Chapter 13 Homework Save 3 of 72 complete) HW Score: 28.57%, 2 of 7 pts Question Help Score: 0 of 1 pt E13-28 (similar to) The following elements of stockholders' equity Click on the icon to view the data) Sacchet paid no preferred dividends in 2017 Read the region from the balance sheet of Sacchetti Marketing Corp. at December 31, 2017: Requirement 1. Compute the dividends to the preferred and common shareholders for 2018 if total dividends are $200,000 and 2018. (Complete all input boxes. Enter" for any zero amounts) tuming the preferred stock is non e . Assumere changes in preferred and common stock in Sacchetti's 2018 dividend would be divided the preferred and common stockholders in this manner Total Dividend 2018 Dividend to preferred stockholders Didend in arrears Current year didend Total divided to preferred odhokters Dividendo como se holders