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1 Required Informatlon [ The following information applles to the questions displayed below. ] Year 1 total cash dividends Year 2 total cash dividends Year

1
Required Informatlon
[The following information applles to the questions displayed below.]
Year 1 total cash dividends
Year 2 total cash dividends
Year 3 total cash dividends
Year 4 total cash dividends
$18,000
28,000
300,000
450,000
York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 190,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and pald the following total cash dividends:
Note: Round your "Dlvidend per Preferred Share" answer to 3 decimal places.
\table[[,\table[[Par Value per],[Preferred],[Share]],Dividend Rate,\table[[Dividend per],[Preferred],[Share]],\table[[Number of],[Preferred],[Shares]],\table[[Preferred],[Dividend]]],[Annual Preferred Dividend:],[,\table[[Total Cash],[Dividend Paid]],\table[[Paid to],[Preferred]],\table[[Paid to],[Common]],\table[[Dividends in],[Arrears at],[year-end]],],[Year 1,18,000,,,,],[Year 2,28,000,,,,],[Year 3,300,000,,,,],[Year 4,450,000,,,,],[Totals,796,000,$,$,,]]
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