line following information applies to the questions displayed below! York's outstanding stock consists of 65,000 shares of noncumulative 70% 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. 2016 total cash dividends 2017 total cash dividends $ 11,500 20,700 2018 total cash dividends 2019 total cash dividends $ 260,000 410,000 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.) Par Value per Preferred Share Dividend Rate Dividend per Number of Preferred Preferred Share Shares Preferred Dividend Annual Preferred Dividend: Paid to Preferred Paid to Common Dividends in Arrears at year-end 2016 2017 2018 2019 Total: Total Cash Dividend Paid $ 11.500 20.700 260.000 410.000 $ 702.200