ATOR PRINTER VERSION BACK NEXT Exercise 14-02-(Part Level Submission) Sheridan Corporation was organized on January 1, 2019. During its first year, the corporation sued 2,100 shares of $50 par value preferred stock and 107,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2019, $5,000, 2020, $13,500; and 2021, $27,000. (a) Your answer is correct. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 6% and no cumulative. 2019 2020 Allocation to preferred stock 5000 6300 Allocation to common stock Click if you would like to Show Work for this question: Open Show W SHOW LIST OF ACCOUNTS SHOW SOLUTION LINK TO TEXT Attempts: 1 of 3 used (b) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulat 2019 2020 2021 MacBook Pro LINK TO TEXT Attempts: 1 of 3 (b) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 8% and cumulative. 2019 2020 2021 Allocation to preferred stock Allocation to common stock Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT Attempts: 0 of 3 used SAVE FOR L (c) The parts of this question must be completed in order. This part will be available when you complete the part above