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11. Redding Exports has the following stock outstanding: 25,000 shares of $120 par value, 6% cumulative preferred stock 150,000 shares of $3,075 par value, common

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11. Redding Exports has the following stock outstanding: 25,000 shares of $120 par value, 6% cumulative preferred stock 150,000 shares of $3,075 par value, common stock The company declares and pays the following dividends for the past four years: 2014 2015 2016 2017 $97,500 $618,000 $454,500 No dividends are paid Compute the total cash dividends paid to each class of stock in 2014 through 2017

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