_{managerial accounting}

Required Information Use the following Informetlon for the Exerclses below. The following Information applies to the questions displayed below York's outstanding stock consists of 90,000 shareG of noncumulative 7.5% preferred stock with a $5 par value and also 270,000 shares of common stock with a $1 par value. During Its first four years of operation, the corporation declared and pald the following total cash dividends: 2815 total cash dividends 2816 total cash dividends 2817 total cash dividends 2818 total cash dividends 23,88 31,780 235,698 385,000 Exercise 13-8 Dvldends on common and noncumulative preferred stock LO C2 Determine the amount of dividends pald each year to each of the two classes of stockholders: preferred and common. Also compute the total diMdends pald to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Preferred Dividend Rate Preferred Preferred Preferred Share Annual Preferred Dividend Paid toArrears at r-end Total Cash Paid to 2015 2016 2017 2018 Total: 5 23.000 31,700 235,000 385,000 5 674.700S