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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 7,5% 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 80,000 shares of noncumulative 7,5% preferred stock with a $5 par value and also 200,000 shares of common stock with a $i par value. During its first four years of operation, the corporation declared and pold the following total cash dividends. 2016 total cash dividenda 2017 total cash dividende $ 20,000 20,000 2018 total cash dividends 2019 total cash dividende $200,000 350,000 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: Paid to Preferred Paid to Common Dividends in Arrears at year-end 2016 2017 2018 2019 Total Cash Dividend Paid 20.000 28,000 200,000 360,000 $ 598.000 Total

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