Save Et Submit Sweet Company's outstanding stock consists of 1,800 shares of noncumulative 4% preferred stock with a $100 per value and 10.800 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Year 1 Year 2 Year 3 Dividends Declared 6 Paid $ 2,800 $ 7,600 $36,000 The total amount of dividends paid to preferred and common shareholders over the the Multiple Choice $21,600 preferred: $24,800 common. $14,800 preferred: $31,600 common