Crane corporation was organized on January $12021$ during the first year the corporation issued $2100$ shares of $$50$ par value preferred stock and $108,000$ shares of $$10$ par value common stock at December $31$st the company declared the following cash dividends $2020$ one $$50002020$ two $$14,100$ and $2020$ three $$28,000$

a$.$ Show the allocation of dividends to each class of stock assuming the preferred stock dividend is $6\%$ and noncumulative.

b$.$ Show the allocation of dividends to each class of stock assuming the preferred stock dividend is $8\%$ in cumulative.

c$.$ Generalize the declaration of the cash dividend at December $31$st $2023$ under Part B