Sheridan Company was organized on January 1, 2021. During its first year, the corporation issued 1,700 shares of $50 par value preferred stock and 105,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2021, $4,900; 2022, $12,700; and 2023, $27,300. (a) Your answer is partially correct. Try again. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and noncumulative. (Do not leave any answer field blank. Enter o for amounts.) 2021 2022 2023 Total dividend 4000 5100 5100 $ Allocation to preferred stock 5100 22200 Remainder to common stock 4000 10200 27300