Current Attempt in Progress Your answer is incorrect Sheridan had 7,600 shares of 3%. $8 par value preferred stock and 46,000 shares of $0.50 par value common stock outstanding throughout 2014. Total dividends declared in 2014 were $7,600. The preferred stock is cumulative with no dividends paid during 2012 and 2013 Determine the amount of dividends to be paid to the common and preferred stockholders in 2014. Common stockholders $ $ Preferred stockholders e Textbook and Media