MIN) ket value of $328,000. Journalize the appropriate entry. 18A-3. April Corporation in its first three years of operation paid out the following dividends: Year 1:0 Year 2: $27,000 Year 3: $94,000 Given that April has 2,800 shares of $100 par 8% cumulative, nonpartici- pating preferred stock and 14,500 shares of $25 par value common stock, what would be the total dividends paid each year to holders of common and preferred stock