please explain how to do this problem. i am very confused.

Your answer is partially correct. Try again Riverbed Company has outstanding 2,400 shares of $100 par, 8% preferred stock and 15,500 shares of $10 par value common. The following schedule shows the amount of dividends paid out over the last 4 years Allocate the dividends to each type of stock under assumptions (a) and (b) Express your answers in pershare amounts using the format shown below. (Pound the rate of participation to 4 decimal places, 6.9.1.4278% Hound answers to 2 decimal place, .. $6.65.) Assumptions (6) Preferred, noncumulative, Preferred, cumulative, and nonparticipating and fully participating Year Pald-out Preferred Common Preferred Common 2018 $14,000 5.82 0 5.83 0 10:12 0.24 2019 528,100 8.00 8.00 2.09 2020 551,600 8.00 3.75 2021 $77.300