Requirement 1. Assume the preferred stock is cumulative. Compute the amount of dividends to preferred and common shareholders for 2018 and 2019 if total dividends are $11,000 in 2018 and $49,000 in 2019. Compute the dividends for 2018, then for 2019. (Complete all answer la Data Table Class of Stock 2019 2018 11,000 Preferred $ Tri State Telecom, Inc. Common Stockholders' Equity $ 11,000 $ 49,000 Total Paid-in capital: 100,000 Preferred stock, 12%, $5 par, 100,000 shares authorized, 20,000 shares issued and outstanding Common stock, $1.00 par, 500,000 shares authorized, 350,000 shares issued and outstanding 350,000 610,000 Paid-in capital in excess of parcommon Total paid-in capital $ 1,060,000 200.000 Enter any number in the edit fields and then click Check Answer. Retained earnings $ 1,260,000 Total stockholders' equity All parts showing