Sweet Companys outstanding stock consists of 1,200 shares of noncumulative 4% preferred stock with a $100 par value and 10,200 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.

	Dividend Declared
year 1	$	2,200
year 2	$	6,400
year 3	$	33,000

The total amount of dividends paid to preferred and common shareholders over the three-year period is:

Multiple Choice

$14,400 preferred; $27,200 common.

$11,200 preferred; $30,400 common.

$9,600 preferred; $32,000 common.

$4,800 preferred; $36,800 common.

$11,800 preferred; $29,800 common.

Halverstein Company's outstanding stock consists of 11,900 shares of cumulative 5% preferred stock with a $10 par value and 5,100 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends.

	Dividend Declared
Year 1	$	0
Year 2	$	10,200
Year 3	$	43,000

The amount of dividends paid to preferred and common shareholders in Year 2 is:

Multiple Choice

$5,100 preferred; $5,100 common.

$0 preferred; $10,200common.

$5,950 preferred; $4,250 common.

$10,200 preferred; $0 common.

$7,140 preferred; $3,060 common.