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York's outstanding stock consists of 54,000 shares of cumulative 5.00% preferred stock with a $10 par value and also 135,000 shares of common stock with

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York's outstanding stock consists of 54,000 shares of cumulative 5.00% preferred stock with a $10 par value and also 135,000 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 S 22,000 2016 2017 2018 22,875 54,500 82,000 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 Preferred Dividend Rate Preferred Preferred Shares Share Share Annual Preferred Dividend Paid to Preferred Paid to Commorn Dividends in Arrears at Total Cash 2015 2016 2017 2018 Total Dividend Paid S 22,000 22,875 54,500 82,000 S 181,375

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