Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulattwe. eTextbook and Media List of Accounts Attempts: 0 of 3 used Sunland Corporation was organized on January 1, 2021. During its first year, the corporation issued 1,900 shares of $50 par value preferred stock and 108,000 shares of $10 par value common stock. At December 31 , the company declared the following cash dividends: 2021,$5,200;2022,$14,200; and 2023,$27,000. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulattwe. eTextbook and Media List of Accounts Attempts: 0 of 3 used Sunland Corporation was organized on January 1, 2021. During its first year, the corporation issued 1,900 shares of $50 par value preferred stock and 108,000 shares of $10 par value common stock. At December 31 , the company declared the following cash dividends: 2021,$5,200;2022,$14,200; and 2023,$27,000