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 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends $20,000 28,000 200,000 350,000 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.) Dividend per Number of Preferred Preferred Dividend Par Value per Preferred Dividend Rate Preferred Share Share Shares Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at ear-end or $ 2015 2016 2017 2018 Total: 20,000$ 20,000$ 28,000 30,000 30,000 0 28,000 200,000 350,000 $ 598,000 0 170,000 320,000 108,000$490,000