York's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 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 $ 20,000 2016 28,000 2017 200,000 2018 350,000 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 Dividend per Number of Preferred Shares Preferred Dividend Preferred Dividend Rate Preferred Share Share Annual Preferred Dividend: 5.00 7.5%r $ 0.375 80,00030,000 Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end 20,000 28,000 2015 2016 2017 2018 Total: $ 20,000 28,000 200,000 350,000 $ 598,000$ 30,000 78,000 $ 0