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Required information The following information applies to the questions displayed below.J York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a

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Required information The following information applies to the questions displayed below.J York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a $5 par value and also 290,000 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 18,800 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends 27,700 245,000 395,000 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 3 decimal places.) Dividend per Number of Preferred Preferred Dividend Rate Preferred Preferred Dividend Par Value per Share Share Shares Annual Preferred Dividend: Paid to Paid toDividends in Total Cash Dividend Paid Preferred Common Arrears at

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