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[The following information applies to the questions displayed below.] York's outstanding stock consists of 75,000 shares of noncumulative 6.0% preferred stock with a $5 par
[The following information applies to the questions displayed below.] York's outstanding stock consists of 75,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 240.000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and pald the following total cash dlvidends. 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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