[The following information applies to the questions displayed below.] York's outstanding stock consists of 60,000 shares of 7.5% preferred stock with a $5 par value and also 170,000 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: $ 10,700 20,500 290,000 440,000 2015 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred ar 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 per Preferred Share Number of Preferred Dividend Rate Preferred Dividend Shares Annual Preferred Dividend: Dividends in Total Cash Paid to Preferred Paid to Arrears at Dividend Paid Common year-end 2015 10,700 2016 20,500 2017 290,000 2018 440,000 Total: 761,200 $ [The following information applies to the questions displayed below.] York's outstanding stock consists of 60,000 shares of 7.5% preferred stock with a $5 par value and also 170,000 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: $ 10,700 20,500 290,000 440,000 2015 total cash dividends 2016 total cash dividends 2017 total cash dividends 2018 total cash dividends Determine the amount of dividends paid each year to each of the two classes of stockholders assuming tha the preferred stock is cumulative. Also determine 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 Preferred Dividend Rate Preferred Dividend Share Share Annual Preferred Dividend: Dividends in Arrears at Total Cash Paid to Paid to Dividend Paid Preferred Common year-end 2015 $ 10,700 2016 20,500 2017 290,000 2018 440,000 Totals $ 761,200