Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 80,000 shares of 6.0% preferred stock with a $5 par value and also 300,000 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 $13,000 22,000 250,000 400,000 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. Assume that the preferred stock is noncumulative. (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 Share Shares Annual Preferred Dividend Paid to Commorn Dividends in Arrears at Total Cash Paid to Preferred Dividend Paid 13,000 22,000 250,000 400,000 S 685,000 year-end 2015 2016 2017 2018 Total 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 Shares Preferred Dividend Preferred Dividend Rate Preferred Share Share Annual Preferred Dividend Dividends in Arrears at year-end Total Cash Paid to Preferred Paid to Commorn 2015 2016 2017 2018 Totals Dividend Paid 13,000 22,000 250,000 400,000 $ 685,000 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 Shares Preferred Dividend Preferred Dividend RatePreferred Share Share Annual Preferred Dividend Dividends in Arrears at year-end Total Cash Paid to Preferred Paid to Commorn 2015 2016 2017 2018 Totals Dividend Paid 3,000 22,000 250,000 400,000 $ 685,000