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Flowers Inc. has both common and preferred stock. There are 6 0 , 0 0 0 shares of $ 2 par common stock outstanding and

Flowers Inc. has both common and preferred stock. There are 60,000 shares of $2 par common stock outstanding and 1,000 shares of $18 par, 6% noncumulative preferred stock outstanding.
\table[[,,,,,],[Dividends Declared,,,,],[2022,$0,,,,],[2023,$3,400,,,,],[2024,$600,,,,],[2025,$4,600,,,,],[,,,,,],[,,,,,]]
Requirement: Calculate how much of the declared dividends should be distributed to each class of stockholders:
\table[[,Preferred,Common,Total,],[Year,Stockholders,Stockholders,Declared,],[2023,,,$0,\table[[Hint: the Total declared colu],[of dividends declared for th]]],[2024,,,$0
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