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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 70,000

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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 70,000 shares of noncumulative 60% preferred stock with a $5 par value and also 180,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation de paid the following total cash dividends: clared and 2015 total cash dividends 2816 total cash dividends 2017 total cash dividends 2018 total cash dividends S 9,100 19,000 295,000 445,000 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 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 Dividend per Number of Preferred Preferred Dividend Preferred Dividend Rate PreferredP Share Share Shares 5.00 60% 70 Annual Preferred Dividend: Dividends in Arrears at Paid to Paid to Total Cash Dividend Paid Preferred Common year-end

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