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 cash dividends 2017 total cash dividends $ 20,000 28,000 2018 total cash dividends 2019 total cash dividends $ 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.) Preferred Dividend Par Value Dividend per Dividend Number of per Preferred Rate Preferred Preferred Share Share Shares Annual Preferred Dividend: Total Cash Paid to Paid to Dividends Dividend Preferred Common In Arrears Pald at year-end s 20.000 x 2017 28,000 2018 200,000 2019 350,000 Totals 598,000 s 0 0 Radiono sponse was expected in conformi bese Calcio incorrect, no points deducted 2016 O