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Exercise 11-8 Dividends on common and noncumulative preferred stock LO C2 York's outstanding stock consists of value and also 77,500 shares of common stock with

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Exercise 11-8 Dividends on common and noncumulative preferred stock LO C2 York's outstanding stock consists of value and also 77,500 shares of common stock with a $1 par value preferred stock with a $10 par . During its first four years of operation, 2015$ 15,000 2016 2017110,000 2018193,000 17,600 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 "Dividend Rate (%)" to 1 decimal place and "Dividend per Preferred Share" to 2 decimal places.) Answer is not complete. Par Val of Preferred PreferredDividend Div per Preferred per Preferred Rate Share Annual Preferred Dividend: Total Cash Dividend Paid to Preferred Common at year Dividends in Arrears Paid to end 15,000 15,000S 17600 2015 2016 2017 2018 Total: 17600 110.000 | 18.600 | 91.400 el 193,000 $ 335,600 IS 69.800 |$ 265.800

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