Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 70,000 shares of 6.0% preferred stock with a $5 par value and also 180,000 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 $ 9,100 19,000 295,000 445,000 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 Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Dividends in Arrears at Common year-end 2015 $ 9,100 2016 19,000 2017 295,000 2018 445,000 Totals $ 768,100 $ 0 $ 0 Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 70,000 shares of 6.0% preferred stock with a $5 par value and also 180,000 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 $ 9,100 19,000 295,000 445,000 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 Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Dividends in Arrears at Common year-end 2015 $ 9,100 2016 19,000 2017 295,000 2018 445,000 Totals $ 768,100 $ 0 $ 0