PaFt Level Submission Ivanhoe Corporation was organized on January 1, 2019. During its first year, the corporation issued 1,950 shares of $50 par value preferred stock and 109,000 sheres of $10 par value com At December 31, the company declared the following cash dividends: 2019, $5,350; 2020, $14,000; and 2021, $28,500. (a) Your answer is correct. Show the allocation of dividends to each dass of stock, assuming the preferred stock dividend is 6% and noncumulative. 2020 2019 2021 Allocation to preferred stock stock s Allocation to common stock 815 SHOW ANSWER SHOW SOLUTION SHOW LIST OF ACCOUNTS TEXT Attempts: 2 of 3 used Show the allocation of dividends to each dass of stock, assuming the preferred stock dividend is 8% and cumulative. 2020 2021 2019 Alocation to preferred stock Allocation to common stock Attempts O of 3 used SAVE POR LAER