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Sweet Company's outstanding stock consists of 1100 shares of cumulative 5% preferred stock with a $100 per value and 1100 shares of common stock with a $10 per 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 $ 3,100 57.100 $37.500 The total amount of dividends paid to preferred and common shareholders over the three year period is Multiple Choice $16.500 preferred $3200 common 512.500 preferred: $35.000 common $5.500 preferred 142.200 common O $14,100 perred 533.600 common 0 511000 preferred $36.700 common