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Required information Skip to question [The following information applies to the questions displayed below.] Year 1 total cash dividends $ 18,100 Year 2 total cash

Required information

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[The following information applies to the questions displayed below.]

Year 1 total cash dividends $ 18,100
Year 2 total cash dividends 27,200
Year 3 total cash dividends 255,000
Year 4 total cash dividends 405,000

Yorks outstanding stock consists of 90,000 shares of noncumulative 6.5% preferred stock with a $5 par value and also 100,000 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:

Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) image text in transcribedimage text in transcribed

Required information The following information applies to the questions displayed below.) Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 18,100 27,200 255,000 405,000 York's outstanding stock consists of 90,000 shares of noncumulative 6.5% preferred stock with a $5 par value and also 100,000 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: Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend 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 Year 1 $ 18,100 27,200 Year 2 Year 3 Year 4 Total: 255,000 405,000 705,300 $ $ 0 $ 0 ! Required information [The following information applies to the questions displayed below. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 18,100 27,200 255,000 405,000 York's outstanding stock consists of 90,000 shares of cumulative 6.5% preferred stock with a $5 par value and also 100,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) 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 Year 1 $ 18,100 Year 2 27,200 255,000 Year 3 Year 4 Totals 405,000 $ 705,300 $ 0 $ 0

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