Curtain Co. paid dividends of $12,000; $14,000; and $15,500 during Year 1, Year 2, and Year 3, respectively The company had 2,200 shares of 6.0%, $100 par value preferred stock outstanding that paid a cumulative dividend. The amount of dividends received by the common shareholders during Year 3 would be Multiple Choice $2,000. $13,200. $1,900. $1,200