CALCULATOR PRINTER VERSION NEXT BACK Exercise 14-02 a-c (Part Level Submission) Carla Vista 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, $6,475; 2020, $14,200; and 2021, $28,500. (a) Your answer is correct (b) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 9% and cumulative. 2019 2020 2021 Allocation to preferred stock Allocation to common stock $ SHOW LIST OF ACCOUNTS Attempts: 0 of 2 used