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Sunset Communications has the following stockholders' equity on December 3 1 , 2 0 2 4 : ( Click on the icon to view the

Sunset Communications has the following stockholders' equity on December 31,2024:
(Click on the icon to view the stockholders' equity)
Requirement 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 $12,080 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 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.)
Sunset's 2024 dividend would be divided between preferred and common stockholders in this manner:
Total Dividend-2024
Dividend to preferred stockholders:
Dividend in arrears
Current year dividend
Total dividend to preferred stockholders
q,
Requirement 1. Assuming the preferred stock is cumulative, compute the amount of dividends to prefe $12,080 in 2024 and $55,000 in 2025. Assume no changes in preferred stock and common stock in 202 Enter a "0" for zero amounts. For the current year preferred dividend, be sure to enter the calculated dive preferred stockholders" line.) Sunset's 2024 dividend would be divided between preferred and common stockholders in this manner:
\table[[Total Dividend-2024],[Dividend to preferred stockholders:],[Dividend in arrears],[Current year dividend],[Total dividend to preferred stockholders],[Dividend to common stockholders]]
Data table
\table[[Stockholders' Equity],[Paid-In Capital:,,],[\table[[Preferred Stock-8%,$8 Par Value; 150,000 shares],[authorized,22,000 shares issued and outstanding]],$,176,000],[\table[[Common Stock- $1 Par Value; 575,000 shares],[authorized,360,000 shares issued and outstanding]],,360,000],[Paid-In Capital in Excess of Par-Common,,2,340,000
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