A corporafion han 17,000 nhares of 12%,570 par curmulative peelerred stock outcturnding aed 31,000 shares of no- par corrmon stock outstanding Prelerred diviesubs of 534,500 are in arrearn. At the end of the current year, the corporation deciares a tividond of $2,40,000 1. What armount of the total dividend hs allocated to prefered stockholdem? 2. What anount of the total dividend is allocated to conimon stockholdens? Show at work to receive partial cedin If you plan to subent serap paper, type "scap paper" bolow