Curtain Co. paid dividends of $10,000, $12,000, and $15,000 during Year 1, Year 2, and Year 3, respectively. The company had 1,500 shares of 7.5%, $100 par value preferred stock outstanding that paid a cumulative dividend. What is the total amount of dividends paid to common shareholders during Year 3? $3,250 $11,250 $2,000 $1,250 None of the above.