Superb Manufacturing, Inc, reported the following at December $31,2021,$ and December $31,2022$

$($Click the icon to view the data.$)$

Superb Manufacturing has paid all preferred dividends only through $2018$

Requirement

Calculate the total amounts of dividends to both preferred and common stockholders for $2021$ and $2022$ if total dividends are $$130,000$ in $2021$ and $$260,000$ in $2022.$

Begin with $2021.$ Calculate the total amounts of dividends to both preferred and common stockholders for $2021$ if total dividends are $$130,000$

$\backslash$table$[[,2021$ Dividends$],[$Preferred stock,$],[$Common stock,$]]$

Data table

Stockholders' Equity

Preferred stock, cumulative, $$6\mathrm{.}00$ par, $10\%,65,000$ shares issued $$390,000$

Common stock, $$0\mathrm{.}25$ par, $9,210,000$ shares issued

$2,302,500$

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