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% Instructor-created question Question Help Following is a company's stockholders' equity information: (Click on the icon to view the stockholders' equity data.) Assume the preferred

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% Instructor-created question Question Help Following is a company's stockholders' equity information: (Click on the icon to view the stockholders' equity data.) Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2016 and 2017 if total dividends are $9,560 in 2016 and $54,000 in 2017. (Complete all answer boxes. Enter a "0" if zero.) Class of Stock 2017 2016 9,560 Preferred $ 54000 11560 Common Total $ 9,560 42440 Enter any number in the edit fields and then click Check Answer. (Round to the nearest cent.) i Data Table Preferred stock, 9%, $200 par, cumulative Common stock, $2.10 par value Paid-in capital in excess of par, common stock 1,220,000 420,000 1,400,000 2,500,000 5,540,000 Retained earnings Total Print Done

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