Halverstein Company's outstanding stock consists of 12600 shares of cumulative 5% preferred stock with a $10 per value and 5.400 shares of common stock with a $1 par value. During the first three years of operation the corporation declared and paid the following total cash dividends Year 1 Year 2 Dividend Deglared $ 0 $10,300 $45.000 The amount of dividends paid to preferred and common shareholders in Year 2 Multi Choice O 6.300 preferred: 54,500 common O 15.400 referred: 1.600 common O O o d 10. Bonon O 10.00 petere c on O prore .com