Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and cumulative. (Do not leave any answer field blank. Enter O for amounts.) Total dividend Allocation to preferred stock Remainder to common stock eTextbook and Media List of Accounts Save for Later $ 2021 $ 2022 tA 2023 Attempts: 0 of 3 used Submit Answer

Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is \6 and cumulative. (Do not leave any answer field blank. Enter ofor amounts) eTextbook and Media List of Accounts Attempts: 0 of 3 used Oriole Company was organized on January 1,2021. During its first year, the corporation issued 2,300 shares of \\( \\$ 50 \\) par value preferred stock and 120,000 shares of \\( \\$ 10 \\) par value common stock. At December 31 , the company declared the following cash dividends: 2021,\\$5,600;2022,\\$11,700; and 2023, \\$30,000