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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 $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends. 2016 total canh d v and 2017 total cash dividende $ 20,000 28,000 2018 total con dividende 2019 total dan dividende $ 200,000 350,000 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 Sharo Dividend Roto Dividend per Preferred Share Number of Proferred Bhores Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Pald to Preferred Paid to Common Dividends in Arrears at your-ond s 2016 2017 2018 2019 Totals 20,000 28,000 200,000 350,000 598,000 $

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