Sweet Company's outstanding stock consists of 1.900 shares of cumulative 5% preferred stock with a $100 par value and 10.900 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 $ 2,900 $ 6,900 $ 36,500 Year 1 Year 2 Year 3 The total amount of dividends paid to preferred and common shareholders over the three-year period is: Multiple Choice O $28.500 preferred: $17.800 common. O $9.500 preferred: $36,800 common. ( $19.000 preferred: $27,300 common O $16.400 preferred: $29.900 common O $21.900 preferred: $24.400 common