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Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid

Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend
Annual Preferred Dividend:
Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end
2015 $25,000
2016 28,680
2017 120,000
2018 199,000
Total: $372,680 $0 $0

Yorks outstanding stock consists of 44,000 shares of noncumulative 7.20% preferred stock with a $10 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 $ 25,000
2016 28,680
2017 120,000
2018 199,000

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 2 decimal places.)

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