Required information [The following information applies to the questions displayed below.] Green Planet Corporation has 5,000 shares of noncumulative 10% preferred stock with a $2 par value and 16,700 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. Compute the dividends paid each year to each of the two classes of stockholders: preferred and common. Answer is complete but not entirely correct. Required information [The following information applies to the questions displayed below.] Green Planet Corporation has 5,000 shares of noncumulative 10% preferred stock with a $2 par value and 16,700 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. Year1totalcashdividendsYear2totalcashdividends$8601,670 Compute the dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Answer is complete but not entirely correct