Precious Metal, Inc., prepared the following stockholders' equity section of its balance sheet on December 31, 2016. (Click the icon to view the data) Precious Metal didn't pay any dividends in 2014 and 2015. In 2016 the company declares dividends of $18,000. How much of this dividend goes to preferred stockholders? How much goes to common stockholders? Assume the preterred stock is cumulative. Data Table Precious Metal's preferred stock dividend for 2016 Precious Metal's common stock dividend for 2016 Stockholders' Equity Paid-in capita: Preferred stock, 3%, $130 par, 9,500 shares authorized, $13,00D 100 shares issued and outstanding Common stock, $5 par, 22,000 shares authorlzed 12,000 shares issued and outstanding 60,000 55,000 128,000 80,000 $ 208,000 Paid-in capital in excess of par common Total paid-in capital eamings stockholders' equity Print Done