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Sheffield, Inc. has 2600 shares of 5%, $50 par value, cumulative preferred stock and 52000 shares of $1 par value common stock outstanding at December 31, 2017, and December 31 2018. The board of directors declared and paid a $3600 dividend in 2017. In 2018, $17300 of dividends are declared and paid. What are the dividends received by the preferred and common shareholders in 2018? Preferred Common $7900 $9400 $8650 $8650 $6500 $10800 $9400 $7900 Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor