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Sweet Company's outstanding shares consist of 1,200 4% non-cumulative preferred shares with a par value of $100 and 10,200 common shares with a par value

Sweet Company's outstanding shares consist of 1,200 4% non-cumulative preferred shares with a par value of $100 and 10,200 common shares with a par value of $10. During the first three years of operation, the corporation declared and paid the following total cash dividends.


declared dividend
year 1ps2,200
year 2ps6,400
year 3ps33,000


What would be the total amount of dividends paid to preferred and common stockholders during the three-year period 

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Total dividends paid to preferred stockholders Year 1 1200 x 100 x 4 4800 ... blur-text-image

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