York's outstanding stock consists of 14,000 shares of noncumulative 5.00% preferred stock with a $10 par value and also 35,000 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: $ 6,000 4,000 110,000 190,000 2015 2016 2017 2018 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 "Dividend Rate (%)" to 1 decimal place and "Dividend per Preferred Share" to 2 decimal places.) Par Value per Dividend per Preferred Number of Preferred Dividend Dividend Rate Preferred Preferred Share Share Shares Annual Preferred Dividend: $ 7,000 10.00 5.0% 0.50 14,000 Dividends in Paid to Total Cash Paid to Arrears at Preferred Common Dividend Paid year-end 2015 $ 6,000 2016 4,000 2017 110,000 2018 190,000 $ $ Total: $ 310,000 York's outstanding stock consists of 51,000 shares of cumulative 8.50% preferred stock with a $10 par value and also 127,500 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. $ 35,000 36,600 88,350 133,350 2015 2016 2017 2018 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. Also determine the total dividends paid to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 2 decimal places.) Par Value per Preferred Dividend per Number of Preferred Dividend Rate Preferred Preferred Dividend Share Share Shares Annual Preferred Dividend: Dividends in Paid to Preferred Total Cash Paid to Common Arrears at Dividend Paid year-end 2015 35,000 2016 36,600 88,350 2017 2018 133,350 $ $ $ 293,300 0 0 Total