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Required information [The following information applies to the questions displayed below) York's outstanding stock consists of 90,000 shares of noncumulative 6,5% preferred stock with a

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Required information [The following information applies to the questions displayed below) York's outstanding stock consists of 90,000 shares of noncumulative 6,5% preferred stock with a $5 par value and also 100,000 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 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 18,100 27,200 255,000 405,000 Determine the amount of dividends paid each year to each of the two classes of stockholders preferred and common (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Answer is complete but not entirely correct. Wale Wir Determine the amount of dividends paid each year to each of the two classes of stockholders preferred and common (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Annual Preferred Dividend: Answer is complete but not entirely correct. Par Valge Dividend Number per Dividend per of Preferred Preferred Rate Preferred Preferred Dividend Share Share Shares $ 5.00 6.5% S 0 325 90.000 S29,250 Total Cash Dividends Dividend Paid to Paid to in Artears Paid Preferred Common at year end S 18,100 5 18.100 $ 11,150 27 200 27200 13.2003 255,000 42 450 % 212,550 $ 405,000 29.250 375 750 $ 705,300 15 117 000 5 588,300 Year 1 Year 2 Year 3 Year 4 Total

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