Required information [The following information applies to the questions displayed below.] Green Planet Corporation has 6,000 shares of noncumulative 11% preferred stock with a $2 par value and 21,900 shares of common stock with a $0.01 par value. During its first two years of operation, Green Planet declared and paid the following total cash dividends. Year 1 total cash dividends Year 2 total cash dividends $ 640 2,190 Compute the dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Cumulative Common Preferred Year 1 Year 2