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ABC Corporation is having 500,000 shares of 55 par value common stock outstanding and 4,000 shares of 54, 5100 par value cumulative preferred stock outstanding

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ABC Corporation is having 500,000 shares of 55 par value common stock outstanding and 4,000 shares of 54, 5100 par value cumulative preferred stock outstanding if the dividends declared for 2019 were $15,000 and for 2020 were 545,000. Allocate the dividends for each type of stock by filling the 4 blanks below using the dropdown list Type of Stock 2019 2020 Dividends to Preferred Stocks Dividends to Common Stocks

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