Required information [The following information applies to the questions displayed below.) Green Planet Corp. has 4,000 shares of noncumulative 14% preferred stock with a $2 par value and 18,000 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 $ 610 1.800 Compute the dividends paid each year to each of the two classes of stockholders: preferred and common Noncumulative Preferred $ Common Year 1 6100 $ PE Year 2 $ 0 170