Required information [The following information applies to the questions displayed below.) York's outstanding stock consists of 70,000 shares of 8.5% preferred stock with a $5 par value and also 290,000 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 $ 18,800 2016 total cash dividends 27,700 2017 total cash dividends 245,000 2018 total cash dividends 395,000 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 Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Pald Paid to Preferred Paid to Common Dividends in Arrears at year-end S 2015 2016 2017 2018 18,800 27.700 245,000 395,000 686,500 Totals $