The following elements of stockholders' equity are adapted from the balance sheet of Smith Corporation (Click on the icon to view the data) Requirement (Click the icon to view more information) 1. Compute the dividends to preferred and common shareholders for 2019 if total dividends are $45,000 in 2019. Class of Stock Preferred 2019 Common Total Data table Points: 0 of 5 Stockholder's Equity Preferred stock, cumulative. St par (Note 7), 30,000 shares issued and outstanding Common stock $1.00 par, 120,000 shares issued and outstanding Note 7 Preferred stock Designated annual cash dividend per share. 30.201 120,000 120,000 Print Done