Required information [The following information applies to the questions displayed belowj 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 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $ 18,800 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.) Par Value per Number o Preferred Dividend per Preferred Preferred Dividend Rate Preferred Share Shares Dividend Annual Preferred Dividend: Paid to Common Dividends in Arrears at year-end Total Cash Paid to Dividend Paid Preferred 2015 2016 2017 2018 Total: 18,800 27,700 245,000 395,000 $ 686,500 $