Sweet Companys outstanding stock consists of 1,000 shares of noncumulative 5% preferred stock with a $100 par value and 10,000 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.

et Company's outstanding stock consists o 1,000 shares o noncumulative 5% pre erred stock with a paid the following total cash dividends. 100 par value and 10 0 shares o common stock with a 10 par value. During the first hree ears o operation, the corporation declared Dividend Declared year i 2,000 year 2 6,000 year 3 $32,000 The total amount of dividends paid to preferred and common shareholders over the three-year period is: Multiple Cholce $15.000preferred; $25,000 common $11,000 preferred; $29,000 common $5,000 preferred $35,000 common $12000 preferred; $28,000 comman $10.000 preferred: $30,000 common