Sweet Company's outstanding stock consists of 1,850 shares of cumulative 5% preferred stock with a $100 par value and 18,500 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. Dividends Declared & Paid $ 3,700 $11, 100 $59, 200 Year 1 Year 2 Year 3 The amount of dividends paid to preferred and common shareholders in year 3 is: James Company has 1,600 shares of $100 par preferred stock, which were issued at par. It also has 31,000 shares of common stock outstanding, and its total stockholders' equity equals $674,600. The book value per common share is: Multiple Choice $20.69. $100.00. O $21.76. n na ar