Super b Manufacturing, Inc., reported the following at December 31,2018, and December 31, 2019:

Super b Manufacturing has paid all preferred dividends only through 2015.

Requirement

1.	Calculate the total amounts of dividends to both preferred and common stockholders for 2018 and 2019 if total dividends are $50,000 in 2018 and $150,000 in 2019.

Begin with 2018. Calculate the total amounts of dividends to both preferred and common stockholders for

2018 if total dividends are $50,000.

Data Table

Stockholders' Equity
	Preferred stock, cumulative, $5.00 par, 4%, 80,000 shares issued	$400,000
	Common stock, $0.60 par, 9,080,000 shares issued	5,448,000