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Need help answering the 2 questions above total Lakeshore Manufacturing, Inc, reported the following at December 31, 2018, and December 31,2019 EEE (Click the icon

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Lakeshore Manufacturing, Inc, reported the following at December 31, 2018, and December 31,2019 EEE (Click the icon to view the data ) Lakeshore Manufacturing has paid all preferred dividends only through 2015 Requirement amounts of dividends to both preferred and common stockholders for 2018 and 2019 i total dividends are $110,000 in 2018 and $231,000 in 2019 Begin with 2018 Calculate the total amounts of dividends to both prefersed and common stockholders for 2018 if total dividends are $110,000 Class of Stock 2018 Dividends Preferred Common Total Data Table Stockholders' Equity Preferred stock, cumulative S5 00 par 10%, 45,000 shares issued Common stock, $0 40 par, 9,100,000 shares issued S 225,000 3,640,000 Print Done

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