can someone help me with this question please? SHOW YORK WORK and thanks in advance!

McNabb was formed on 1/1/2017. For all of 2017 and 2018, McNabb had the following stock Issued and outstanding: Preferred: $10,000 total par value, 7% (annual dividend $700) Common $10,000 total par value. McNabb declared the following total dividends: 2017: $500 dividend. 2018: $1,700 dividend. 2. How should the 2018 dividend be allocated, if preferred is noncumulative and participating? $700 and $1,0000 a. b. $850 and $850 $1,000 and $700 C. d. $900 and $800 $700 and $1,000 e