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Required information [The following information applies to the questions displayed below York's outstanding stock consists of 60,000 shares of noncurmulative 75% preferred stock with a

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Required information [The following information applies to the questions displayed below York's outstanding stock consists of 60,000 shares of noncurmulative 75% preferred stock with a $5 par value and also 170,000 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 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends 5 10,700 20,500 290,000 440,000

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