Sandhill Corporation was organized on January $1,2021.$ During its first year, the corporation issued $2,100$ shares of $$50$ par value preferred stock and $110,000$ shares of $$10$ par value common stock. At December $31,$ the company declared the following cash dividends: $2021,$$$6,000$;$2022,$$$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.

$\backslash$table$[[,,2021,2022,2023],[$Allocation to preferred stock,$$,,$$$,$$