Egyptian Enterprises has both common and preferred stock. There are 70,000 shares of $1 par common stock outstanding and 4,000 shares of $12 par, 7% cumulative preferred stock outstanding. The company did not pay any dividends in 2020. Distribute dividends to each class of stockholders using the following information: Year Dividends Declared 2021 $6,000 2022 $6,000 2023 $6,000 Year Preferred Common 2021 6000 V OV 2022 2023 Question Help: Video 1 Video 2 Video 3