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York's outstanding stock consists of 80.000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 140,000 shares of common stock with

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York's outstanding stock consists of 80.000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 140,000 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 $ 16,500 2016 total cash dividends 26,000 2017 total cash dividends 275,000 2018 total cash dividends 425,000 Determine the amount of dividends pald each year to each of the two classes of stockholders assuming that the preferred stock Is cumulative. Also determine the total dividends pald to each class for the four years combined. (Round your "Dividend per Preferred Share" answers to 3 decimal places) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of P referred Shares Preferred Dividnad Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end 2015 2016 2017 16,500 20.000 275.000 425,000 742,500 $ 2018 Totals

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