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Eastem Communications has the following stockholders' equity on December 31, 2016 (Click on the icon to view the stockholders equity) Requirements 1. Assuming the preferred stock is cumulative, compute the amount of dividends to prefemed stockholders and to common stockholders for 2016 and 2017iftotal dvidends are $22,300 in 2016 and $51,000 in 2017. Assume no changes in preferred stock and common stock in 2017. 2. Record the pumal entries for 2016, assuming that Eastem Communications declared the dividend on December 1 for stockholders of record on December 10. Eastern Communications paid the dividend on December 20. Requirement 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2016 and 2017 ftotal dividends are Enter a 0 zero amounts Forthe cument year prefemed dividend, be sure to enter the calculated dvidend on the "curent year dividend line and the paid out dividend on the Total dividend to preferred stockholders line) Eastem's 2016 dividend would be dided between preferred and common stockholders in this manner Data Table Deidend to prelemed stockholders Stockholders' Equity cument year dividend $10 Par Value, 150,000 shares Total dwdend to pretemed stockholders authorized 27.000 shares issued and outstanding 270,000 Didend to common stockholders Common Stock-$3 Par Value 575,000 shares Easterns 201T didend would be divided between preferred and common stockholders authorized. 320.000 shares issued and outstanding in this manner. 960 000 Padan captar in Excess of Par- Common 480 000 Dadend to preferred stockholders 1,710,000 Total Stockholders' Equty Total dudend to prelemed stockholders Choose from any Int or enter any number in the input fields and then continue to the next quest