Knudsen Corporation was organized on January 1, 2013. During ils rst year, the corporation issued 2,000 shares of $50 par value preferred stock and 100,500 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2013, $6,000; 2014, $13,700; and 2015, $27,300. *(8) Your answer is correct. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and noncumulative. Allocation to preferred stock Allocation to common stock $1} $3- $J' Attempts: 2 of 3 used *0?) Your answer is partially correct. Try again. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulative. Allocation to preferred stock :33 E El3000 51am _ E Allocatuonto common stock , emsI : new Attempts: 1 of 3 used