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 noncumulative 8.0% 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 2017 total cash dividends 2018 total cash dividends s18,600 28,000 270,000 420,000 Exercise 11-9 Dividends on common and cumulative preferred stock LO C2 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.) Number of Preferred Shares Par Value per Dividend per Preferred Dividend Preferred Dividend Rate Proferred Share Share Annual Preferred Dividend: 5.00 Total Cash Dividend Paid Paid to Preferred Paid to Commorn Dividends in Arrears at year-end 2015 18,600