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York's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 190,000 shares of common stock with

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York's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 190,000 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: :1 of 2 $ 18,000 28,000 300,000 450,000 2015 total cash dividends 2016 total cash dividende 2017 total cash dividends s 2018 total cash dividends Book 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. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Hint Number of Preferred Preferred Shares Dividend per Preferred Par Value per Preferred Dividend Rate Dividend Priet Share Share Annual Preferred Dividend: Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Common ferences Arrears at year-end 2015 $ 18.000 2016 28,000 2017 300,000 2018 450,000 Total: S 796,000 $ 0 S

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