Yorks outstanding stock consists of 70,000 shares of 7.5% preferred stock with a $5 par value and also 120,000 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 $ 15,000 2016 total cash dividends 24,200 2017 total cash dividends 265,000 2018 total cash dividends 415,000 rev: 11_29_2018_QC_CS-149901 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 per Preferred Dividend Rate Par Value per Preferred Share $ 5.00 Preferred Dividend Share Annual Preferred Dividend: 7.5% Number of Preferred Shares 70,000 Dividends in Arrears at year-end Total Cash Dividend Paid Paid to Preferred Paid to Common 2015 $ 15,000 2016 24,200 2017 2018 Totals 265,000 415,000 719,200 $ $ 0 $