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[The following information applies to the questions displayed below] Year I total cash dividends Year 2 total cash dividenda Year) total cash dividends Year 4

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[The following information applies to the questions displayed below] Year I total cash dividends Year 2 total cash dividenda Year) total cash dividends Year 4 total cash dividends $ 13,900 23,500 280,000 430,000 York's outstanding stock consists of 85,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 150,000 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 Determine the amount of dividends paid each year to each of the two classes of stockholders preferred and common (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Answer is complete but not entirely correct. Preferred Dlvidend Par Value per Preferred Share $ 5.00 Dividend Dividend por Rate Preferred Share 6.0% $ 0.300 Annual Preferred Dividend: $ 25,500 Number of Preferred Shares 85,000 Dividends in Arrears at year. end $ 11.600 13,600 Total Cash Dividend Paid Paid to Preferred Pald to Common $ 1$ 13,900 23,500 Year 1 Year 2 Year 3 Year 4 Total: 13.900 23.500 280,000 430,000 747,400 39,100 25,500 $ 102,000 240,900 X 404,500 $ 645,400 $

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