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Splish Brothers inc. was onganited on lanuary 1, 2021. During its first year, the corperation ituod 2,s00 tharesci 550 pirvalue preferred stock and 145,000 shares

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Splish Brothers inc. was onganited on lanuary 1, 2021. During its first year, the corperation ituod 2,s00 tharesci 550 pirvalue preferred stock and 145,000 shares of $10 par value coenron stock. At Decenther 31, the compory boclared the followins 6 th dividends: 2021, 55,800,2022,511,700, and 2023, 529,200 . (a) Show the allocation of dihbends to each class of stock assuming the preferred stockeliviend is 5% and noecumulative (Po not leave any answer field blank. Enter 0 for amounts) Allocation to preferred stock Remainder to common stock eTextbook and Media

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