1 Required information [The following information applies to the questions displayed below] Year 1 total cash dividends $19,800, rt 1 of 21 Year 2 total cash dividends 29,500 Year 3 total cash dividends 285,000 Year 4 total cash dividends 435,000 9 York's outstanding stock consists of 90,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 160,000 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: Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Annual Preferred Dividend: Par Value per Preferred Share Dividend per Number of Dividend Rate Preferred Preferred Share Preferred Shares Dividend Dividends in Total Cash Dividend Paid Paid to Preferred Paid to Arrears at Common year-end Year 1 $ 19,800 Year 2 29,500 Year 3 Year 4 Total: 285,000 435,000 $ 769,300 $ 0 $