Exercise 11-10 (Part Level Submission) Crane Company was organized on January 1, 2021. During its first year, the corporation issued 1.500 shares of SS0 per 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. (a) Show the allocation of dividends to each dass of wock, assuming the preferred stock dividend is 5% and noncumulative. (Do not leave any answereld blank. Enter for amounts.) 2023 Total dividend Allocation to preferred stock Remainder to common stock