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(The Yollowing information applies to the questions displayed below.) York's outstanding stock consists of 85,000 shares of noncumulative 70% preferred stock with a $5 par
(The Yollowing information applies to the questions displayed below.) York's outstanding stock consists of 85,000 shares of noncumulative 70% preferred stock with a $5 par value and also 260,000 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 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $ 19, 100 27,700 230,000 380,000 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.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Dividend Shares Annual Preferred Dividend: Total Cash Dividend Paid Dividends in Paid to Preferred Pald to Common Arrears at year-end $ 2015 2016 2017 2018 Total: 19,100 27,700 230,000 380,000 656,800 $
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