During its first year, the corporation issued 2,000 shares of $50 par value preferred stock and 106,000 shares of $10 par value common stock. At December 31, the company declared the following cash dividends: 2019, $6,500; 2020, $14,400; and 2021, $29,000.             (a) Show the allocation of dividends to each class of stock, assuming the preferred stock dividend is 7% and noncumulative.     2019   2020   2021 Allocation to preferred stock   $     $     $   Allocation to common stock   $     $     $

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A:

Consolidation

Consolidation in general examination implies an asset oscillating between well-defined methods of trading status. Consolidation is commonly known as market indecisiveness, which completes when the asset's values move forward or backward the trading structure.