Required information (The following information applies to the questions displayed below.) York's outstanding stock consists of 60,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 280,000 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. Strik fin sheveuet nonicum iti tek 8.0% preferred stafik with a Soprint value andres and 2016 total cash dividends 2017 total cash dividends $ 13, 200 22,000 2018 total cash dividends 2019 total cash dividends $ 240,000 390,000 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.) Dividend Rate Par Value per Preferred Share $ 5.00 Preferred Dividend Annual Preferred Dividend: 8.0% $ 24,000 Total Cash Dividend Paid Paid to Preferred Dividend per Number of Preferred Preferred Share Shares $ 0.400 60,000 Dividends in Paid to Arrears at Common year-end $ 0 $ 10,800 01 $ $ 13,200 22,000 2016 2017 2018 2019 13,200 22,000 240,000 390,000 665,200 Totals $ 35,200 $ 0