The following information applies to the questions displayed below.] Yorks outstanding stock consists of 80,000 shares of noncumulative 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 dividends.

2016 total cash dividends	$	20,000	2018 total cash dividends	$	200,000
2017 total cash dividends		28,000	2019 total cash dividends		350,000

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 the total dividends paid to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 3 decimal places.)