Transcribed image text : Sweet Company's outstanding stock consists of 1,900 shares of noncumulative 5% preferred stock with a $100 par value and 11,900 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. The total amount of dividends paid to preferred and common shareholders over the three-year period is: Multiple Choice $9 , 500 preferred; $45 , 700 common. $28 , 500 preferred; $26 , 700 common. $19 , 000 preferred; $36 , 200 common. $19300 nreferred: $35.900 common