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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

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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: 2015 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $18,000 28,000 300,000 450,000 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.) Par Value per Preferred Share Dividend per Preferred Share Number of Preferred Dividend Dividend Rate Preferred Shares Annual Preferred Dividend: Dividends in Paid to Preferred Paid to Total Cash Arrears at Common Dividend Paid year-end S 2015 18,000 2016 28,000 2017 300,000 450,000 2018 796,000 Total: 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: 2015 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $18,000 28,000 300,000 450,000 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 Share Number of Preferred Shares Par Value per Preferred Share Preferred Dividend Rate Dividend Annual Preferred Dividend: Dividends in Arrears at Paid to Common Paid to Preferred Total Cash Dividend Paid year-end 18,000 2015 2016 28.000 2017 300,000 2018 450,000 796,000 Totals

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