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6 0139 14 Required information [The following information applies to the questions displayed below] Year 1 total cash dividends Year 2 total cash dividenda
6 0139 14 Required information [The following information applies to the questions displayed below] Year 1 total cash dividends Year 2 total cash dividenda Year 3 total cash dividends Year 4 total cash dividends $ 16,500 26,000 275,000 425,000 York's outstanding stock consists of 80,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 140,000 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: Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Note: Round your "Dividend per Preferred Share" answer to 3 decimal places. Par Value per Preferred Share Dividend per Dividend Rate Preferred Number of Preferred Preferred. Dividend Share Shares Annual Preferred Dividend: Dividends in Total Cash Dividend Pald Paid to Preferred Paid to Common Arrears at year-end Year 11 $ 16,500 Year 2 26,000 Year 3 275,000 Year 4 425,000 Total: $ 742,500
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