Sweet Company's outstanding stock consists o 1.800 shares of cumulative 5% preferred stock with a $100 par value and the corporation declared and paid the following total cash dividends. 800 shares of common stock with a so ar value uring the s threeyear sof eration Year 1 Year 2 Year Di v 1 dond Declared 3,809 $7,800 $41,800 3 The total amount of dividends paid to preferred and common shareholders over the three-year period is