Wolverine Corporation was organized on January 1, 2018. During its first year, the corporation Issued 20,000 shares of $10 par value preferred stock and 200,000 shares of $2 par value common stock Al December 31, the company declared the following cash dividends: 2018 $ 6,000 2019 $40,000 2020 $90.000 Instructions fa Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 796 and not cumulative. to show the allocation of dividends to cach class of stock assuming the preferred stock dividend is 99 and cumulatives to Journalize the declaration of the cash dividend at December 31, 2020 using the assumption of