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RCES ULLULATON BATEN PRINTER VERSION BACK NDET Question 15 Sunland Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,000

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RCES ULLULATON BATEN PRINTER VERSION BACK NDET Question 15 Sunland Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,000 shares of $50 par value preferred stock and 106,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2019, $6,500: 2020, $14.400; and 2021, $29,000. Show the location of dividends to each class of stock, assuming the preferred stock dividend 2019 2020 and cumulative 2021 Allocation to preferred stock Allocation to common stock Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 9% and cumulative Allocation to preferred stock Allocation to common stock ay Study utomatically when amount is entered. Do not indent m ually. IT Journalize the declaration of the cash dividend at December 31, 2021, under part (b). Cred countries a no entry is required, select "No Entry for the accountities and enter for the mount) Credit Date Account Titles and Explanation Dec. 31

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