Question Completion Status: > Moving to another question will save this response. Question 9 of 10 > Question 9 2.5 points Save Ans White Draft Company's outstanding stock consists of $2,000 shares of noncumulative 5% preferred stock with a $100 par value and 275,250 shares of common stock with a $1 par value. During the first three years of operation, the corporation declared and paid the following total cash dividends. Dividends Declared & Paid Year 1 6,500 Year 2 8,500 Year 3 25,000 The total amount of dividends paid to preferred shareholders in year two is: $15,000 preferred. $10,000 $25,000 preferred $8,500 $30,000 Moving to another question will save this response. Question 9 of 10 > HUMIning Time: 06 minutes, 21 seconds. Question Completion Status: > Moving to another question will save this response. Moving to another question will save this response. Question of