Wednesday by 11:59pm Points 20 Submitting a text entry box or a file upload JBC Corporation has authorized the following stock in the charter: Common Stock: 2,000,000 shares of $1 Par Value Stock Preferred Stock: 100,000 shares of $25 Par Value Stock 8% Available Mar 8 at 12am Mar 9 at 11:59pm 2 days At the end of the following years, there were the following shares issued and outstanding: Common Stock: 1,000,000 shares of $1 Par Value Stock Preferred Stock: 50,000 shares of $25 Par Value Stock 8% Allocate the dividend indicated for each year below between Common and Preferred Stock. Assume the Preferred stock is non-cumulative. 2020 $50,000 2021 $75,000 2022 $150,000 2023 $450,000 Allocated the dividend amount indicated for year below between Common and Preferred Stock assuming the Preferred stock is cumulative. 2020 $50,000 2021 $75,000 2022 $150,000 2023 $450,000