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York’s outstanding stock consists of 85,000 shares of 7.0% preferred stock with a $5 par value and also 260,000 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	$	19,100
2016 total cash dividends		27,700
2017 total cash dividends		230,000
2018 total cash dividends		380,000

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.)

Answer 1