[The following information applies to the questions displayed below.] York’s outstanding stock consists of 75,000 shares of 6.0% preferred stock with a $5 par value and also 240,000 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 $ 12,100 2016 total cash dividends 20,500 2017 total cash dividends 220,000 2018 total cash dividends 370,000 rev: 11_29_2018_QC_CS-149901 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that 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.) Next Visit question mapQuestion 7 of 15 Total 7 of 15 Prev
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