Sweet Company's outstanding stock consists of 1,700 shares of noncumulative 4% preferred stock with a $100 par value and 11700 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 $ 3,700 $ 9,400 Year 1 Year 2 Year 3 The total amount of dividends paid to preferred and common shareholders over the three-year periodis: Multiple Choice C) $20,400 preferred $33.200 common $16.200 preferred: 37400 common 0 O $6.800 preferred: 546,800 common 0 ) $12300 preferred: $36,300 common C 0 $17,300 preferred: $36,300 common 0 $13,600 preferred; $40,000 common