Sweet Company's outstanding stock consists of 1,700 shares of cumulative 5% preferred stock with a $100 par value and 10,700 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 Dividends Declared & Paid $ 2,700 $ 6,700 Year 3 $ 35,500 The total amount of dividends paid to preferred and common shareholders over the three-year period is Multiple Choice $25,500 preferred; $19,400 common. $15,200 preferred; $29,700 common $8,500 preferred; $36,400 common. $19.700 preferred; $25,200 common. Prev 11 of 20 E Next >