Required information (The following information applies to the questions displayed below) York's outstanding stock consists of 65,000 shares of noncumulative 70% preferred stock with a $5 par value and also 110,000 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. of 2 2016 total cash dividende 2017 total cash dividends 11.500 20.700 2018 total cash dividende 2019 total cash dividends $260,000 410,000 Determine the amount of dividends pald 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.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Dividends in Paid to Preferred Paid to Common Arrears at year-end 2016 2017 2018 2019 11,500 20,700 260,000f 410,000 702,200 S Total: 0S 0 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 Preferred Share Dividend per Preferred Share Dividend Rate Number of Preferred Shares Preferred Dividend Annual Preferred Dividend Paid to Preferred Paid to Common Dividends in Arrears at year-end Total Cash Dividend Pald 11,500 20,700 260,000 410,000 $ 702,200 2019 Totals