Carla Vista Corporation was organized on January 1, 2021. During its first year, the corporation issued 2,050 shares of $50 par value preferred stock and 108,000 shares of $10 par value common stock. At December 31 , the company declared the following cash dividends: 2021,$6,400;2022,$13,900; and 2023,$28,500 (a) (b) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 9% and cumulative. Carla Vista Corporation was organized on January 1, 2021. During its first year, the corporation issued 2,050 shares of $50 par value breferred stock and 108,000 shares of $10 par value common stock. At December 31 , the company declared the following cash dividends: 2021,$6,400;2022,$13,900; and 2023,$28,500 (a) (b). (c) Journalize the declaration of the cash dividend at December 31, 202/3 under part (b). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select " No Entry" for the account titles and enter O for the amounts.)