Halverstein Company's outstanding stock consists of 9,450 shares of cumulative 5% preferred stock with a $10 par value and 4,050 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.

	Dividends Declared & Paid
Year 1	$	0
Year 2	$	8,100
Year 3	$	36,000

The amount of dividends paid to preferred and common shareholders in Year 2 is:

Multiple Choice

• $4,725 preferred; $3,375 common.

• $5,670 preferred; $2,430 common.

• $0 preferred; $8,100common.

• $4,050 preferred; $4,050 common.

• $8,100 preferred; $0 common.