Speaker Companys outstanding stock for all of 2017 and 2018 was as follows: 1000 shares of $50 par value 8% nonparticipating cumulative preferred stock. 5000 shares of $100 par value common stock. The Company didnt pay a dividend in 2017, but in 2018 the company paid $75,000 of dividends. There were no dividends in arrears as of January 1, 2017. Compute the following in the answer box provided. Showing work may result partial credit a. Preferred stock dividends paid in 2018 ? b. Common stock dividends paid in 2018?