Curtain Company paid dividends of $2,000,$4,000, and $5,000 during Year 1, Year 2, and Year 3, respectively. The company had 800 shares of 4.0%,$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 ? Multiple Choice $3,200 $2,000 $1,400 $1,200