Question $5$ of $5$

Oriole Corporation was organized on January $1,2021.$ During its first year, the corporation issued $1,900$ shares of $$50$ par value

preferred stock and $107,000$ shares of $$10$ par value common stock. At December $31,$ the company declared the following cash

dividends: $2021,$$$5,100$;$2022,$$$14,000$; and $2023,$$$27,500.$

$($a$)$

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

List of Accounts