Requirements 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 $8,280 in 2024 and $55,000 in 2025 . Assume no changes in preferred stock and common stock in 2025. 2. Record the journal entries for 2024 , assuming that Eastern Communications declared the dividend on December 1 for stockholders of record on December 10. Eastern Communications paid the dividend on December 20. Eastem Communicabons has the following stockholders' equity on December 31, 2024: (Click on the icon to view the stockholders' equity) Reud the Requirement 1. Assuming the preferred stock is cumulatwe, compule the amount of dividends to preferred stockholders and to cornmon stochholders for 2024 and 2025 if total didends are $8,280 in 2024 and $55,000 in 2025 . Assume no changes in preferred stock and common stock in 2025 . (Assume all preferred dividends have been paid prior to 2024 . Complete all input boxes. Enter is "0" for zero anounts. For the current year preferred dividend, be sure to enter the calculatod dividend on the "current year dividend" line and the paid out dividend on the "total dividend to preferred stockholders" line.) Eastern's 2024 dividend would be divided betwoon preferred and common stockhoiders in this manner: Data table