Crane Company was organized on January 1, 2021. During its first year, the corporation issued 1,500 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, $4,000;2022, $11,000; and 2023,$27,000 Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 7% and cumulative. (Do not leave any answer field blank. Enter O for amounts.)