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York's outstanding stock consists of 65,000 shares of 6.0% preferred stock with a $5 par value and also 220,000 shares of common stock with a
York's outstanding stock consists of 65,000 shares of 6.0% preferred stock with a $5 par value and also 220,000 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 9,300 2016 total cash dividends 17,500 2017 total cash dividends 210,000 360,000 2018 total cash dividends QC_CS-149901 rev: 11 29 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also co the total dividends paid to each class for the four years combined. ASsume that the preferred stock is noncumulative. (Round "Dividend per Preferred Share" answers to 3 decimal places.) Par Value per Preferred Share Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Rate Dividend Annual Preferred Dividend: Dividends in Arrears at Total Cash Paid to Paid to Dividend Paid Preferred Common year-end $ 2015 9,300 2016 17,500 2017 210,000 2018 360,000 0$ 596,800 0 Total
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