Lakeside Manufacturing, Inc., reported the following at December31, 2014 and December31, 2015:

Lakeside Manufacturing has paid all preferred dividends through 2011

Stockholders' Equity

Preferred stock, cumulative, $7.00 par, 5%, 45,000 shares issued $315,000

Common stock, $0.35 par, 9,230,000 shares issued

Requirement

1.

Compute the total amounts of dividends to both preferred and common stockholders for

2014 and 2015 if total dividends are $100,000 in 2014 and $250,000 in 2015.

Begin with 2014. Compute the total amounts of dividends to both preferred and common stockholders for

2014 if total dividends are $100,000.