Sweet Company's outstanding stock consists of 1,200 shares of cumulative 45 preferred stock with a $100 par value and 11,200 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 year i year 2 year 3 Dividend Declared $3,200 $ 7,200 $38,000 The amount of dividends paid to preferred and common shareholders in year 3 is: Multiple Choice 0 $4,000 preferred: 534,000 common 0 $4,200 preferred: 533,200 common 0 $14,400 preferred: $23,600 common. 0 $30,000 preferredi. Sonrui. 0 $0 preferred: 538.000 woniniu