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Westem Communications has the following stockholders' equity on December 31, 2024 Requirement 1. Assuming the prefered stock is cumulative, compute the amount of dividends

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Westem Communications has the following stockholders' equity on December 31, 2024 Requirement 1. Assuming the prefered stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2024 and 2025 if total dividends are $11,040 in 2024 and $47,000 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) Western's 2024 dividend would be divided between preferred and common stockholders in this manner. Total Dividend-2024 Dividend to preferred stockholders Data table Dividend in arrears Current year dividend Total dividend to preferred stockholders Dividend to common stockholders Westem's 2025 dividend would be divided between preferred and common stockholders in this manner Total Dividend-2025 Dividend to preferred stockholders Dividend in arrears Stockholders' Equity Paid-In Capital Preferred Stock-6%, $9 Par Value: 150,000 shares authorized, 26,000 shares issued and outstanding Common Stock-$2 Par Value; 575,000 shares authorized, 400,000 shares issued and outstanding $ 234,000 800.000 1,000,000 Paid-In Capital in Excess of Par-Common Total Paid-In Capital Retained Earnings Total Stockholders' Equity 2.034,000 170,000 S 2,204,000 Current year dividend

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