Pharoah Corporation was organized on January 1, 2021. During its first year, the corporation issued 2.000 shares of $50 par value preferred stock and 104,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2021.55.600:2022. $14.400 and 2023, 528.500 (a) Your answer has been saved. Seu score details after the due date. Show the allocation of dividends to each class of stock assuming the preferred stock dividend is 6% and noncumulative 2021 2022 2023 Allocation to preferred stock $ 5600 $ 6000 6000 $ 0 $ 8000 22500 Allocation to common stock (b) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulative. 2021 2022 2023 Allocation to preferred stock $ $ $ Allocation to common stock $ $ $