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Business, 12.08.2019 19:10 alejandra216

York’s outstanding stock consists of 85,000 shares of 6.0% preferred stock with a $5 par value and also 150,000 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 $ 13,900 2016 total cash dividends 23,500 2017 total cash dividends 280,000 2018 total cash dividends 430,000 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.)

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