Western Communications has the following stockholders equity on Docomber 31,2016 : (Click on the icon to view the stockholders' euity) Requirements 1. Assuming the preferred stock is cumulative, compute the amount of dividends to preferred stockhoiders and to cormon stockhoiders lor 2016 and 2017 if fotal dividends are $10,440 in 2016 and $44,000 in 2017. Assume no changes in preferred stock and cormmon stock in 2017. 2. Record the journal entries for 2016 , 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 preferted stock is cumulative, compule the amount of dividends to preferred stocktholders and to corman slockholders for 2016 and Requirement 1. Assuming the prelefred stock is cumblative, compule the amount of dividends to preferred stockholbers and io common stockhoiders for 20 . 2017 if tolal dividends are $10,440 in 2016 and $4,000 in 2017. Assume no changes in preterred stock and cormenon stock in 2017 . (Assume all preferted cividends have been paid prior to 2016 . Complete alifinput boxes. Entar a "U" for zero amounds on the "current year dividend" line and the paid out dividend on the "Iotal dividend to preferred stocitholders" line. Data table