Score: 0 of 20 pts 2 of 5 (0 complete) HW Score: 0%, 0 of 100 pt E13-27 (similar to) E Question Help Horizon Communications has the following stockholders' equity on December 31, 2018: (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 2018 and 2019 if total dividends are $7,200 in 2018 and $47,000 in 2019. Assume no changes in preferred stock and common stock in 2019. (Assume all preferred dividends have been paid prior to 2018. 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.) Horizon's 2018 dividend would be divided between preferred and common stockholders in this manner: Total Dividend-2018 Dividend to preferred stockholders: Dividend in arrears Current year dividend Total dividend to preferred stockholders Enter any number in the edit fields and then click Check Answer. ? 4 parts Clear All Check Answer remaining Chapter 13 Cl...docx Show All X ework: HW CH13 Save of 20 pts 2 of 5 (0 complete) HW Score: 0%, 0 of 100 pt Question Help 7 (similar to) Communications has the following stockholders' equity on December 31, 2018: k on the icon to view the stockholders' equity) requiriments. * Requirements men ders ssum or to enter rred 1000 in have been vidend, be tal dividend 's 201 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2018 and 2019 if total dividends are $7,200 in 2018 and $47,000 in 2019. Assume no changes in preferred stock and common stock in 2019. 2. Record the journal entries for 2018, assuming that Horizon Communications declared the dividend on December 1 for stockholders of record on December 10. Horizon Communications paid the dividend on December 20. Divider nd to vidend arrent Print Done tal diviber any number in the edit fields and then click Check Answer. arts maining Clear All Check Answer Chapter 13 Ch..docx Show All A of 20 pts 2 of 5 (0 complete) HW Score: 0%, 0 of (similar to) Question Help ommunications has the following stockholders' equitv.on December 31 2018 on Data Table regy ment ers a sume to 2 ntert ed st Stockholders' Equity Paid-In Capital: Prefered Stock-4%, $10 Par Value; 150,000 shares authorized, 23,000 shares issued and outstanding Common Stock-$4 Par Value; 575,000 shares authorized, 350,000 shares issued and outstanding d 7,000 in have be Hividend, total divic 230,000 = 2018 1,400,000 525,000 idend Paid-In Capital in Excess of ParCommon Total Paid-In Capital to pa 2,155,000 130,000 lendid Retained Earnings ent ye Total Stockholders' Equity $ 2,285,000 divid Print Done y nun aining Clear All Check