Knudsen Corporation was organized on January $1,2024.$ During its first year, the corporation issued $2,000$ shares of $$50$ par value preferred stock and $100,000$ shares of $$10$ par value common stock. At December $31,$ the company declared the following cash dividends: $2024,$$$5,000$;$2025,$$$12,000$; and $2026,$$$28,000.$

$($a$)$

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