Haverstein Company s outstanding stock consists of 8,500 shares of cumulative 6% preferred stock with a SO par value and 4,500 shares of common stock with a st par value. During the first three years of operation, the corporation declared and pald the following total cash dividends 2016 2017 2018 S 7,500 47000 The amount of dividends paid to preferred and common shareholders in 2018 Is O $2.700 preferred: $44,300 common. $7.800 preferred: $39,200 common. O$5100 preferred: $41,900 common $12,900 preferred, $34100 common O$15,600 preferred: $31400 common. More Remix