Green Planet Corp. has (a) 5,700 shares of noncumulative 11% preferred stock with a $2 par value and (b) 17,900 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 year to each of the two classes of stockholders: preferred and common. Year 1 total cash dividends Year 2 total cash dividends Noncumulative Preferred Common Year 11 Year 2 $ 880 $1,790