? Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is $8\%$ ?and cumulative.Crane Corporation was organized on January $1,2021.$ ?During its first year, the corporation issued $2,050$ ?shares of $$50$ ?par value preferred stock and $101,000$ ?shares of $$10$ ?par value common stock. At December $31,$ ?the company declared the following cash dividends: $2021,$ ?$$5,300$; $2022,$ ?$$13,500$; and $2023,$ ?$$28,500.$