Michigan Manufacturing, Inc., reported the following at December 31, 2018, and December 31, 2019 EEB (Click the icon to view the data.) Michigan Manufacturing has paid all preferred dividends only through 2015 Requirement 1. Calculate the total amounts of dividends to both preferred and common stockholders for 2018 and 2019 if total dividends are $40,000 in 2018 and $84,000 in 2019 Begin with 2018 Calculate the total amounts of dividends to both preferred and common stockholders for 2018 if total dividends are $40,000 2018 Dividends Class of Stock Preferred Common Total Calculate the total amounts of dividends to both preferred and common stockholders for 2019 if total dividends are $84,000 in 2019 Class of Stock 2019 Dividend:s Preferred Common Total Data Table Stockholders Equity Preferred stock, cumulative, $0.50 par 3%, 65,000 shares Common stock S050 par 9,070 000 shares issue issued $ 22,500 4.535,000 pone