Question 4 1 points Save Answer Sweet Company's outstanding stock consists of 1,800 shares of cumulative 5% preferred stock with a $100 par value and 11,800 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 Year 1 $ 3,800 Year 2 Year 3 $ 7,800 $ 41,000 The amount of dividends paid to preferred and common shareholders in year 3 is: $15,400 preferred; $25,600 common. $41,000 preferred; $0 common. $27,000 preferred; $14,000 common. $9,000 preferred; $32,000 common. A Moving to another question will save this response. Question 4 of 10 > >>>