4 Part 1 of 2 Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 60,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 170,000 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. eBook 2016 total cash dividends 2017 total cash dividends $ 10,700 20,500 2018 total cash dividends 2019 total cash dividends $ 290,000 440,000 Hint 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 Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end $ 2016 2017 2018 2019 Total: 10,700 20.500 290,000 440,000 761,200 S