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Use the following information for the Exercises below. [The following information applies to the questions displayed below.) York's outstanding stock consists of 60,000 shares of

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Use the following information for the Exercises below. [The following information applies to the questions displayed below.) York's outstanding stock consists of 60,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 280,000 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 $ 13,200 22,eee 240, eee 39e, eee Part 1 of 2 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.) 1.42 points Par Value per Preferred Share Dividend Rate Dividend per Number of Preferred Preferred Share Shares Preferred Dividend Annual Preferred Dividend: Skipped Paid to Dividends in Arrears at Common year-end Book Hint 2015 2016 2017 2018 Total Cash Paid to Dividend Paid Preferred $ 13,200 22,000 240,000 390,000 $ 665,200 $ Print References Total: 0 0 $

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