Manufacturing, Inc., reported the following:

Superb Manufacturing has paid all preferred dividends through 2009.

Requirement
1. Compute the total amounts of dividends to both preferred and common for 2012 and 2013 if total dividends are $90,000 in 2012 and $270,000 in2013.

Stockholders' Equity Preferred stock, cumulative, $1.00 par, 6%, 90,000 shares issued|$ Common stock, $0.30 par, 9,130,000 shares issued 90,000 2,739,000