year 1 year 2 year 3 Sweet Company's outstanding stock consists of 1,000 shares of cumulative 5% preferred stock with a $100 par value and 5,000 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 2.000 $ 6.000 $ 32,000 The total amount of dividends paid to preferred and common shareholders over the three-year period is: $15,000 preferred: $25,000 common O $5,000 preferred: 535,000 common O $11,000 preferred: 529.000 common O $10,000 preferred: 530,000 common $12,000 preferred: $28,000 common and submit. Click Save All answers to save all answers