York's outstanding stock consists of 85,000 shares of 70% preferred stock with a $5 par value and also 260,000 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 $ 19, 100 2016 total cash dividends 27,700 2017 total cash dividends 230,000 2018 total cash dividends 380,000 Exercise 11-8 Dividends on common and noncumulative preferred stock LO C2 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 Assume that the preferred stock is noncumulative. (Round your "Dividend per Preferred Share" answers to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividendi Paid to Paid to Dividends in