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York's outstanding stock consists of 90,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 270.000 shares of common stock with
York's outstanding stock consists of 90,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 270.000 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. 2016 total cash dividends 2017 total cash dividends $ 23,00 31.799 2018 total cash dividends 2019 total cash dividends $ 235,000 385,00 Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Also compute the total dividends pald 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 Rate Dividend per Number of Preferred Preferred Share Shares Preferred Dividend Annual Preferred Dividend: Paid to Preferred Paid to Common Dividends in Arrears at year-end 2016 2017 2018 2019 Total Total Cash Dividend Paid $ 23,000 31,700 235,000 385.000 $ 674.700
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