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Yorks outstanding stock consist of 80,000 shares of non-cumulative 7.5% preferred stock with a $6 par value and also 20,000 shares of common stock with

Yorks outstanding stock consist of 80,000 shares of non-cumulative 7.5% preferred stock with a $6 par value and also 20,000 shares of common stock with a par value.

2013 40,000

2014 28,000

2015 200,000

2016 350,000

Determine the amount of dividends paid each year to each of the class of stockholders: preferred and common. Also compute the total dividends paid each class of stock for the four years combined. The same question above - expect the 80,000 shares are cumulative.

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