TB MC Qu. 11-149 (Algo) Sweet Company's outstanding... Sweet Company's outstanding stock consists of 1,200 shates of cumulative 4% preferred stock with a $100 par value and 10,200 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 The amount of dividends paid to preferred and common shareholders in year 3 is: Multiple Choice $6,000 profened, $27,000 common Multiple Choice $6,000 preferred, $27,000 common $4,800 preferred, $28,200 common. $14,400 preferted, $18,600 common. $33,000 preferted, $0 common $0 preferred; $33,000 common