Yorks outstanding stock consist of 80,000 shares of
non-cumulative 7.5% preferred stock with a $6 par value and also
20,000 shares of common stock with a par value.
2013 40,000
2014 28,000
2015 200,000
2016 350,000
Determine the amount of dividends paid each year to each of the
class of stockholders: preferred and common. Also compute the total
dividends paid each class of stock for the four years combined. The
same question above - expect the 80,000 shares are cumulative.