7 Sweet Company's outstanding stock consists of 1200 shares of cumulative 4% preferred stock with a $100 par value and 10,200 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. Dividends Declared Paid Year 1 $ 2,200 Year 2 $ 6,200 $33,000 points 00-2844 Year 3 The total amount of dividends paid to preferred and common shareholders over the three-year periodis