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5 year 1 Dividends Declared & Paid $24,000 year 2 $ 7,000 year 3 $33,000 03:02:50 The amount of dividends baid to preferred and

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5 year 1 Dividends Declared & Paid $24,000 year 2 $ 7,000 year 3 $33,000 03:02:50 The amount of dividends baid to preferred and common shareholders in year 1 is: Multiple Choice $400 preferred; $23,600 common. $8,000 preferred; $16,000 common. $21,0000 preferred: $3,000 common. $12,000 preferred; $12,000 common. $24,000 preferred; $0 common.

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