urtain co. paid dividends of $4,000, $7,500, and $8,900 during year 1, year 2, and year 3, respectively. the company had 1,100 shares of 5.5%, $100 par value preferred stock outstanding that paid a cumulative dividend. what is the total amount of dividends paid to common shareholders during year 3? $2,050 $2,250 $6,050 $3,500 none of the above.
