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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: 2015 total cash dividends 2016 total cash dividends 2017 total cash dividends 2818 total cash dividends $ 20,000 28,000 280,080 350,080 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 per Number of Preferred Preferred Par Value per Preferred Dividend Rate Preferred Dividend Share Total Cash Dividend Paid Paid to Preferred Paid to Commorn Dividends in Arrears at year-end

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