One CALCULATOR FULL SCREEN PRINTER VERSION - BACK NI Exercise 14-02 - Blossom Corporation was organized on January 1, 2019. During its first year, the corporation issued 2,050 shares of $50 par value preferred stock and 102,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2019, 54.625; 2020, $13,500; and 2021, $28,500. Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 5% and noncumulative. 2019 2020 2021 Allocation to preferred stock Allocation to common stock $ LINK TO TOT 2021 Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 3% and cumulative. 2019 2020 Allocation to preferred stock $ Allocation to common stock $ LINK TO TEXT Journaize the dederation of the cash dividend at December 31, 2021, under part (b). (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no Journalize the declaration of the cash dividend at December 31, 2021, under part (b). (Credit account titles are automatically indented when amount is entered. Do not indent m. entry is required, select "No Entry for the account titles and enter o for the amounts.) Date Account Titles and Explanation Debit Credit Dec. 31 Click if you would like to Show Work for this question: Open Show Work LINK TO TEXT y accessing this Question Assistance, you will learn while you earn points based on the Point Potential policy set by your instructor. Question Attempts: Unlimited SAVE FOR LATER