K The following elements of stockholders' equity are from the balance sheet of Sill Marketing Corp. at December 31, 2023: (Click on the icon to view the data.) Sill paid no preferred dividends in 2023. Read the requirements. Requirement 1. Compute the dividends to the preferred and common shareholders for 2024 if total dividends are $165,000 and assuming the preferred stock is noncumulative. Assume no changes in preferred and common stock in 2024. (Complete all input boxes. Enter "0" for any zero amounts.) Sill's 2024 dividend would be divided between preferred and common stockholders in this manner. Total Dividend-2024 Dividend to preferred stockholders Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders Sill paid no preferred dividends in 2023. Read the requirements. Data table - X otal dividend 24. (Comple Paid-In Capital: Stockholders' Equity Preferred Stock-4%, $2 Par Value; 140,000 shares authorized, 45,000 shares issued and outstanding Common Stock-$0.10 Par Value; 10,500,000 shares authorized, 9,750,000 shares issued and outstanding 90,000 975,000 Print Done er: Read the requirements. Requirements - - X dividends are 1. Compute the dividends to the preferred and common shareholders for 2024 if total dividends are $165,000 and assuming the preferred stock is noncumulative. Assume no changes in preferred and common stock in 2024. 2. Record the journal entries for 2024 assuming that Sill Marketing Corp. declared the dividends on July 1 for stockholders of record on July 15. Sill paid the dividends on July 31. (Complete all Print Done