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Required information (The following information applies to the questions displayed below York's outstanding stock consists of 70,000 shares of 8 0% preferred stock with a $5 par value and also 230,000 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: 2815 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $ 17,700 26,880 215,088 365,000 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred 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.) stock is Dividend per Number of Preferred Preferred Dividend Preferred Dividend RatePreferred res Annual Preferred Dividend 70,000 S28,000 5.00 80% s 0.400 Dividends in Paid to Preferred Paid to Common Total Cash Dividend Pald Arrears at $ 17,700 26,000 215,000 365,000 S 623,700 2015 2016 2017 2018 Totals S 623,700