Sweet Company's outstanding stock consists of 1.450 shares of cumulative 5% preferred stock with a $100 per value and 14,500 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. Year 1 Year 2 Year 3 Dividends Declared & Paid $ 2,900 $ 8,700 $ 46,400 The amount of dividends paid to preferred and common shareholders in year 3 is