Green Planet Corp. has (a) 5,000 shares of cumulative 10% preferred stock with a $2 par value and (b)17,000 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends. Compute the dividends paid each yearto each of the two classes of stockholders: preferred and common. $ 8ee $1,700 Year 1 total cash dividends Year 2 total cash dividends Answer is complete but not entirely correct. Cumulative Preferred Common Year 1 800 Yoar 2 1000 700