Yorks outstanding stock consists of 44,000 shares of noncumulative 7.20% preferred stock with a $10 par value and also 110,000 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	$	25,000
2016		28,680
2017		120,000
2018		199,000

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 2 decimal places.)

Yorks outstanding stock consists of 44,000 shares of noncumulative 7.20% preferred stock with a $10 par value and also 110,000 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	$	25,000
2016		28,680
2017		120,000
2018		199,000

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 2 decimal places.)

par value per Dividend per Number of preferred

preferred Dividend Rate Preferred preferred Dividend

share share shares

Annual preferred Dividend:

Total cash Paid to Paid to Dividends in

Divident Paid Preferred common Arrears at

year end

2015 $ 25,000

2016 28,680

2017 120,000

2018 199.000

total: 372,680 $ 0 $ 0