New England Communications has the following stockholders' equity on December 31, 2024: (Click on the icon to view the stockholders' equity) Read the requirements. Requirement 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2024 and 2025 if total dividends are $13,500 in 2024 and $48,000 in 2025. Assume no changes in preferred stock and common stock in 2025. (Assume lividends have been paid prior to 2024. Complete all input boxes. Enter a "0" for zero amounts. For the current year preferred dividend, be sure to enter the calculated dividend on the "current year dividend" line and the paid out dividend on the "total dividend to preferred stockholders" line.) New England's 2024 dividend would be divided between preferred and common stockholders in this manner: otal Dividend-2024 13,500 Dividend to preferred stockholders: - X Data table Dividend in arrears 0 Current year dividend 13500 Total dividend to preferred stockholders 13500 Stockholders' Equity Dividend to common stockholders Paid-In Capital: Preferred Stock-6%, $11 Par Value; 150,000 shares authorized, 25,000 shares issued and outstanding $ 275,000 Common Stock-$1 Par Value; 575,000 shares authorized, 350,000 shares issued and outstanding 350,000 Paid-In Capital in Excess of Par-Common 1,750,000 Total Paid-In Capital 2,375,000 Retained Earnings 230,000 Total Stockholders' Equity $ 2,605,000 Print Done