The first question

York's outstanding stock consist of 80,000 shares of non-cumulative 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 dividend: 2013........$20,000 2014........$15,000 2015........$200,000 2016........$300,000 A. Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compare the total dividends paid to each class for the four years combined. B. Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. oblem 5 (10 points) repare the issuer's journal entry for each separate transaction a. On March 1, Atlantic issues 42,500 shares of $4 par value common stock for $297,500 cash. On April 1, OP Co. issues no par value common stock for $70,000 cash. On April 6, MPG issues 2,000 shares of $25 par value common stock for $45,000 of inventory, $145,000 of machinery and acceptance of an $94,000 note payable