Sweet Company's outstanding stock consists of 1,800 shares of noncumultve 4% preferred stock with a S 100 par value and 10,800 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 14 Declared 0/5 points awarded y year 1 2,800e year 2 7,60e year 3 $36,000 Scored The total amount of dividends paid to preferred and common shareholders over the three-year period is Multiple Choice $21,600 preferred, $24,800 common $14.800 preferred, $31600 common $7.200 preferred. $39 200 common Prex 14 of 40 Next> O Type here to search DOLL