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[The following information applies to the questions displayed below.] Yorks outstanding stock consists of 90,000 shares of noncumulative 7.0% preferred stock with a $5 par

[The following information applies to the questions displayed below.] Yorks outstanding stock consists of 90,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 160,000 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 $19,800
2016 total cash dividends 29,500
2017 total cash dividends 285,000
2018 total cash dividends 435,000

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. (Round your "Dividend per Preferred Share" answers to 3 decimal places.)

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