m/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession... Common Stock 65,100 shares $1 par value Preferred Stock Cumulative: 2,200 shares $50 par, $3 dividend Noncumulative: 3,500 shares $50 par, $3 dividend No dividends were declared in year 1 of operation. In year 2 , there is $53,646 available for dividends. Prepare the dividend allocation between the preferred and common shares in total and per share. If r decimal places. Bell Company Dividend Allocation Total amount available for dividends Dividends to preferred stock: Cumulative: From prior year 2,200 shares Current year 2,200 shares Total cumulative preferred stock dividends Noncumulative: Current year 3,500 shares more Check My Work uses remialning All work saved