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Required information The following information applies to the questions displayed below York's outstanding stock consists of 80,000 shares of 60% preferred stock with a $5

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Required information The following information applies to the questions displayed below York's outstanding stock consists of 80,000 shares of 60% preferred stock with a $5 par value and also 300,000 shares of common stock with a S1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends: 2015 total cash dividends 13,000 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends 22,600 250,800 400,800 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Also determine 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 Dividend per Number of Preferred Preferred Dividend Preferred Dividend Rate Preferred Share Annual Preferred Dividend: Dividends in Arrears at Paid to Common Paid to Preferred Total Cash Dividend Pald end 2015 016 2017 2018 Totals S 13,000s 13 13,000 22,000 250,000 400,000 22,000

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