11 Ex 5-6

York's outstanding stock consists of 60,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 210,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: 2015 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $ 10,900 19,000 205,00e 355,000 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compute the total dividends paid to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Par Value per Dividend per Number of Preferred Preferred Dividend Rate Preferred Preferred Shares Dividend Share Annual Preferred Dividend: Paid to Dividend Paid Preferred Dividends in Arrears at year-end Total Cash Paid to Common 2015 2016 2017 2018 Total: 10,900 19,000 205,000 355,000 $ 589,900$ Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Also determine the total dividends paid to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Par Value per Dividend per Number of Preferred Shares Preferred Dividend Preferred Dividend Rate Preferred Share Share Annual Preferred Dividend: Total Cash Dividend Paid Preferred Dividends in Arrears at year-end Paid to Paid to Commorn 2015 2016 2017 2018 Totals 10,900 19,000 205,000 355,000 S 589,900