Sweet Companys outstanding stock consists of 1,600 shares of cumulative 5% preferred stock with a $100 par value and 16,000 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.

	Dividends Declared & Paid
Year 1	$ 3,200
Year 2	$ 9,600
Year 3	$ 51,200

The amount of dividends paid to preferred and common shareholders in year 3 is: