urtain co. paid dividends of $4,000, $5,000, and $8,000 during year 1, year 2, and year 3, respectively. the company had 1,600 shares of 3.0%, $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? $1,000 $4,800 $800 $2,600 none of the above.
