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York's outstanding stock consists of 51,000 shares of cumulative 6.50% preferred stock with a $10 par value and also 127,500 shares of common stock with
York's outstanding stock consists of 51,000 shares of cumulative 6.50% 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 f 2015 $ 27,000 201627,900 2017 2018 103.150 68,150 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 decimat places.) Par Value per mber of PreferredDividend RatePreferred Share Preferred Dividend Sh Shares Annual Preferred Dividend: Paid to Dividends in Arrears at Paid to Total Cash Dividend PaldPreferred -end 2015 2016 2017 2018 Total 27.000 27,900 68,150 103,150 S 226.200
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