The following elements of stockholders' equity are adapted from the balance sheet of Sandy 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 $80,000 in 2019. Data table Class of Stock Preferred 2019 Common Total Stockholder's Equity Preferred stock, cumulative. $3 par (Note 7). 55,000 shares issued and outstanding Common stock, $0.50 par, 100,000 shares issued and outstanding Note 7. Preferred stock Designated annual cash dividend per share, $0.30 Print Done $ $85,000 50,000 X C Remaining: 08:0