IUITWUIR UM TJ TIV rail (TU PIS) core: 0 of 1 pt 4 of 10 6 complete HW Score: 58.7196, 5.87 of Question Help E13-27 (book/static) Northern Communications has the following stockholders' equity on December 31, 2018 BEBE (Click on the icon to view the stockholders' equity) Read the realment Requirement 1. Assuming the preferred stock is cumulative compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 of total dividends are 50 000 in 2018 and $45.000 in 2019. Assume no changes in preferred lock and common stock in 2019. (Assume preferred dividends have been paid prior to 2018. Complete al input boxes. Enter for mer amounts. For the current year preferred dividend, be sure to enter the calcul dividend on the current year dividend line and the paid out dividend on the Motal dividend to preferred stockholders in.) Norther's 2018 dividend would be divided between preferred and common stockholders in this manner Data Table Total Dividend 2018 Dividend to preferred stockholders Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders $ 220,000 Stockholders' Equity Paid in Capital Preferred Stock-5%. $11 Par Value: 150.000 shares authorized, 20.000 shares issued and outstanding Common Stock-$2 Parv : 575.000 shares Buthored 380,000 shares issued and outstanding Paid-in Capital in Excess of Par Common Total Paid in Capital Retained Earnings 780,000 1.600.000 Total Stockholders' Equity - Print Dono Enter any number in the edit fields and then click Check Answer 4 r ing Clear All Check Answer ons has the following stockholders' equity on December 31, 2018: to view the stockholders' equity) suming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 if total dividends are $9,000 in stock and common stock in 2019. (Assume all preferred dividends have been paid prior to 2018. Complete all input boxes. Enter a "0" for zero amounts. For the current year prefer rent year dividend line and the paid out dividend on the total dividend to preferred stockholders' line.) idend would be divided between preferred and common stockholders in this manner 0 Requirements 518 red stockholders: Tears dividend a to preferred stockholders mon stockholders 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 if total dividends are $9.000 in 2018 and $45.000 in 2019. Assume no changes in preferred stock and common stock in 2019. Record the journal entries for 2018, assuming that Northern Communications declared the dividend on December 1 for stockholders of record on December 10. Northern Communications paid the dividend on December 20. 220.000 Print Done 760,000 680,000 T 1,660,000 200.000 TOLI PAIGC Retained Earnings Total Stockholders' Equity 1,860,000 Print Done umber in the edit fields and then click Check Answer Clear All