Check my w York's outstanding stock consists of 65,000 shares of 7.0 % preferred stock witha $5 par value and also 110,000 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: $ 11,500 20,700 260,000 410,000 2015 total cash dividends 2016 total cash dividends 2017 total1 cash dividends 2018 total cash dividends 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. Assume that the preferred stock is noncumulative. (Round your "Dlvidend per Preferred Share" answers to 3 decimal places.) Par Value per Preferred Share Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Dividend Rate Annual Preferred Dividend: Dividends in Arrears at year-end Total Cash Dividend Paid Paid to Preferred Paid to Common 2015 11,500 2016 20,700 2017 260.000 2018 410,000 Total: 702.200 Check my work York's outstanding stock consists of 65,000 shares of 7.0 % preferred stock with a $5 par value and also 110,000 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 dividende 2016 total eaah dividends 2017 total cash dividends 2018 total cash dividends $ 11,500 20,700 260,000 410,000 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 Preferred Share Dividend per Preferred Share Number of Preforred Dividend Dividend Rate Preferred Shares Annual Preferred Dividend Dividends in Arrears at year-end Total Cash Dividend Paid Paid to Preferred Paid to Common 2015 11,500 2016 20,700 2017 260.000 2018 410,000 702.200 Totals