York's outstanding stock consists of 60,000 shares of 7.5% preferred stock with a $5 par value and also 170,000 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 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends 10,700 20,500 290,000 440,000 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. Assume that the preferred stock is noncumulative. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Dividend Rate Par Value per Preferred Share $ 5.00 Preferred Dividend Annual Preferred Dividend: Dividend per Number of Preferred P referred Share Shares $ 0.400 60,000 Paid to Dividends in Arrears at Common year-end $ 0 2015 2016 2017 2018 Total Cash Dividend Paid $ 10,700 20,500 290,000 440,000 $ 761,200 7.5% Paid to Preferred $ 10,700 20,500 290,000 440,000 $ 761,200 Total: $ 0 York's outstanding stock consists of 60,000 shares of 7.5% preferred stock with a $5 par value and also 170,000 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 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends 10,700 20,500 290,000 440,000 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 3 decimal places.) Dividend Rate Par Value per Preferred Share $ 5.00 Dividend per Preferred Share $ 0.400 Preferred Dividend Annual Preferred Dividend: 7.5% Number of Preferred Shares 60,000 Dividends in Arrears at year-end Paid to Preferred $ 10,700 20,500 Paid to Common $ Total Cash Dividend Paid $ 10,700 20,500 290,000 440,000 $ 761,200 2015 2016 2017 2018 Totals $ 31,200 $ 0