E10-32A. (Learning Objective 4: Calculate dividends on preferred and common stock) Ontario Manufacturing, Inc., reported the following at December 31, 2018, and December 31, 2019 A1 Stockholders' Equity 2 Preferred stock, cumulative, $4.00 par, 5%, 70,000 shares issued 3 Common stock, $0.05 par, 9,250,000 shares issued $ 280,000 462,500 4 Ontario Manufacturing has paid all preferred dividends only through 2015 Requirement 1. Calculate the total amounts of dividends to both preferred and common stockholders for 2018 and 2019 if total dividends are $90,000 in 2018 and $189,000 in 2019