Blossom Corporation was organized on January 1, 2021. During its first year, the corporation issued 2,050 shares of $ 50 par value preferred stock and 100,000 shares of $ 10 par value common stock. At December 31, the company declared the following cash dividends: 2021, $ 6,000; 2022, $ 14,500; and 2023, $ 27,000. (a) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and noncumulative. 2021 2022 2023 $ $ $ Allocation to preferred stock $ $ $ Allocation to common stock