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18 Sweet Company's outstanding stock consists of 1,500 shares of noncumulative 5% preferred stock with a $100 par value and 11,600 shares of common stock

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18 Sweet Company's outstanding stock consists of 1,500 shares of noncumulative 5% preferred stock with a $100 par value and 11,600 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. year 1 year 2 year 3 Dividend Declared $ 3,500 $ 9,000 $39,500 01.15.30 The total amount of dividends paid to preferred and common shareholders over the three-year periodis: too Multiple Choice O $18,500 preferred: $33.500 common. O $22.500 proferred, $29,500 cammon O $2,500 preferred: $4,500 common $16.500 preferred: $35,500 common $15,000 preferred. $37.000 common

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