Required information Use the following information for the Exercises below. The following information applies to the questions displayed below] York's outstanding stock consists of 75,000 shares of 80% preferred stock with a $5 par value and also 130,000 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 2817 total cash dividends 2818 total cash dividends $ 18,600 28,000 270,000 420,000 Exercise 11-8 Dividends on common and noncumulative preferred stock LO C2 Determine the amount of dividends paid each yeer to each of the two classes of stockholders preferred and common Also compute the total dividends paid to each class for the four years combined Assume that the preferred stock is noncumulative. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Exercise 11-8 Dividends on common and noncumulative preferred stock LO C2 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compute the total dividends paid to each class for the four years combined. Assume that the preferred stock is noncumulative. (Round your Dividend per Preferred Share" answers to 3 decimal places.) of prefert Preterred Dividend Rate Preferred Preferred Share Share Annual Preterred Dividend: Paid to Dividend Paid Preferred Common Paid to Arrears at end Total Cash 18,600 28,000 270,000 420,000 S 736.600 015 2016 2017 2018 Total