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Yorks outstanding stock consists of 75,000 shares of noncumaltive 8.0% preferred stock with a $5 par value and also 130,000 shares of common stock with

Yorks outstanding stock consists of 75,000 shares of noncumaltive 8.0% preferred stock with a $5 par value and also 130,000 shares of common stock with a $1 par value. image text in transcribed
4 0 Required information Use the following information for the Exercises below The following information applies to the questions displayed below Part 2 of 2 York's outstanding stock consists of 75,000 shares of noncumulative 80% preferred stock with a S par value and also 30000 shares of common stock with a St par value During its first four years of operation, the corporation declared and paid the following total cash dividends 10 points 2015 total cash dividends 2016 total cash dEvidends 2817 total cash dividends 2018 total cash dividends s 18,68e 28,000 278,000 Exercise 13-9 Dividends on common and cumulative preferred stock LO C2 i ene 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 tour years combined. (Round your "Dividend per Preferred Share" answers to 3 decimal places) Preferred Dividend RatePreferred Preferred Paid to Dividend Pald Preferred Common Total Cash Paid to Arrears at 2015 2016 2017 2018 Totals 18 600 28.000 270,000 420,000 S 736,600120,000

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