Sweet Company's outstanding stock consists of 1,000 shares of cumulative 5% preferred stock with a $100 par value and to,000 shares of common stock with a $10 par value. During the first three years of operation, the corporation declared and poid the following total cash dividends. The amount of dividends paid to preferred and common shareholders in year 3 is: Multiple Choice: $7,000 melerred; $25,000 common. $5,000 preferted, $27,000 common $15,000 preferted; $17,000 common. $32,000 preferred; $0 common