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CALCULATOR MESSACE HY INSTRUCTOR FULL SCREEN PENSION BACK Exercise 14-02 - Blossom Corporation was organized on January 1, 2019. During its first year, the corporation

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CALCULATOR MESSACE HY INSTRUCTOR FULL SCREEN PENSION BACK Exercise 14-02 - Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par value preferred stock and 102,000 shares of 10 par value common stock. At December 31, the company declared the following cash dividends: 2019, 4,625; 2020, $13,500; and 2021, 528,500 Show the allocation of dividends to each dass of stock, assuming the preferred stock dividend is 5% and no cumulative 2019 2020 2021 Allocation to preferred stock Allocation to common stock dy Show the allocation of dividends to each dass of stock, assuring the preferred stock dividend is and cumulative 2010 2020 2021 Allocation to preferred stock $ Allocation to common stock Journalize the declaration of the cash dividend at December 31, 2021, nderpart (b). (Credit accounts are automatically indeed when red. Du Incest manually. If he entry is required select "No Entry for the account titles and enter for the monts.) Date Account Titles and Explanation Det Crest Dec 31 Click if you would like to Show Work for this questiontoo Work

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