Chapter 11 Homework Required information [The following information applies to the questions displayed below.) Part 1 of 2 York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a $5 par value and also 290,000 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. points 2016 total cash dividends 2017 total cash dividends $ 18,800 27,700 2018 total cash dividends 2019 total cash dividends $ 245,000 395,000 eBook 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.) Print Par Value per Preferred Share Dividend Rate Dividend per Number of Preferred Preferred Share Shares Preferred Dividend References Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end $ 2016 2017 2018 2019 Total: 18,800 27,700 245,000 395,000 686,500 $ Chapter 11 Homework A 10 Required information [The following information applies to the questions displayed below.] Part 2 of 2 York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a $5 par value and also 290,000 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. points 2016 total cash dividends 2017 total cash dividends $ 18,800 27,700 2018 total cash dividends 2019 total cash dividends $ 245,000 395,000 eBook COD Hint 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.) Print Par Value per Preferred Share Dividend Rate Dividend perNumber of Preferred Preferred Share Shares Preferred Dividend References Annual Preferred Dividend: Paid to Preferred Paid to Common Dividends in Arrears at year-end 2016 2017 2018 2019 Total Cash Dividend Paid 18,800 27,700 245,000 395,000 $ 686,500 Totals