Green Planet Corp. has (a) 6,400 shares of noncumulative 10% preferred stock with a $2 par value and (b) 21,400 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 $ 650 $2,140 Noncumulative Preferred Common Year 1 Year 2