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Business, 16.04.2020 00:33 LulPink

York’s outstanding stock consists of 60,000 shares of 7.0% preferred stock with a $5 par value and also 210,000 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 $ 10,900 2016 total cash dividends 19,000 2017 total cash dividends 205,000 2018 total cash dividends 355,000 rev: 11_29_2018_QC_CS-149901 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.)

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