Exercise 14-02a-c (Part Level Submission) Oriole Corporation was organized on January 1, 2019. During its first year, the corporation issued 1.900 shares of $50 par value preferred stock and 101,000 shares of Sio purval common stock. At December 31, the company declared the following cash dividends: 2019, 55,550; 2020, $14,500; and 2021, $29,000. (a) Your answer is correct. Show the allocation of dividends to each dass of stock, assuming the preferred stock dividend is 7% and noncumulative. 2021 Allocation to preferred stock Allocation to common stock Click if you would like to show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT (b) Your answer is correct. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 9% and cumulative. 2019 2020 2021 Allocation to preferred stock 5550 11550J 8550 M Allocation to common stock TJ 2950 J 20450 Click if you would like to Show Work for this question: Open Show Work Journalize the declaration of the cash dividend at December 31, 2021, 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 for the amounts.) Date Account Titles and Explanation Dec. 31 Debit Credit Click if you would like to Show Work for this question: Qeen Show Work