Western Communications has the following stockholders' equity on December 31,2024 : (Click on the icon to view the stockholders' equity) Data table 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2024 and 2025 if total dividends are $17,200 in 2024 and $47,000 in 2025. Assume no changes in preferred stock and common stock in 2025. 2. Record the journal entries for 2024 , assuming that Western Communications declared the dividend on December 1 for stockholders of record on December 10. Western Communications paid the dividend on December 20. Requirement 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockholders and to common stockholders for 2024 and 2025 if total dividends are $17,200 in 2024 and $47,000 in 2025 . Assume no changes in preferred stock and common stock in 2025. (Assume ali 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 2025 dividend would be divided between preferred and common stockholders in this manner: Requirement 2. Record the journal entries for 2024, assuming that Westem Communications declared the dividend on December 1 for stockholders of record on December 10 . Western Communications paid the dividend on December 20 . (Record debits first, then credits. Select the explanation on the last line of the joumal entry table. If no entry is required, select "No entry required" on the first line of the Accounts and Explanation column and leave the remaining cells blank.) Dec. 1, 2024: Declared dividend. Dec. 10, 2024: Date of record. Dec. 20, 2024: Paid dividend