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Required information [The following information applies to the questions displayed below) York's outstanding stock consists of 80,000 shares of noncumulative 70% 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 80,000 shares of noncumulative 70% preferred stock with a $5 por volue and also 140.000 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. 2016 total cash dividends 2017 total cash dividends $ 16,500 26.000 2013 total cash dividends 2019 total cash dividends $ 275,000 425.000 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 Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Owidend Paid Paid to Preferred Paid to Common Dividends in Arrean at year end 5 2016 2017 2010 16.500 26.000 275.000 425 000 742.500 2019 Total 5 Required information The following information applies to the questions displayed below) York's outstanding stock consists of 80,000 shares of noncumulative 70% preferred stock with a $5 par value and also 140.000 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 2016 total cash dividends 2017 total cash dividends $ 16,500 2018 total cash dividends 2019 total cash dividends $ 275,000 425,000 Determine the amount of dividends pold 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 Number of Preferred Preferred Share Shares Annual Preferred widend Preferred Dividend Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year and 2016 2017 2010 2015 Total 36.000 275.000 35 000 2500 1

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