Sweet Company's outstanding stock consists of $1,500$ shares of cumulative $5\%$ preferred stock with a $$100$ par value and $11,500$ shares of common stock with a $$10$ par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.

$\backslash$table$[[,\backslash$table$[[$Dividends$],[$Declared & Paid$]]],[$Year $1,$$$3,500$