$12$

Sweet Company's outstanding stock consists of $1,320$ shares of cumulative $5\%$ preferred stock with a $$100$ par value and $10,000$ shares of common stock with a $$10$ par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.

$\backslash$table$[[,$Dividends Declared$],[$&$,$& Paid$],[$Year $1,$$$5,200$