8 Sweet Company's outstanding stock consists of 1,300 shares of concumulative 5% preferred stock with a $100 por value and 11.300 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 Dividends Declarad Paid $ 3,300 $ 8, see $38,500 The total amount of dividends paid to prefered and common shareholders over the three year period is: Muh $19.500 a $30.000 common $15.500 od 35 300 common Tere to warch