10 Part 1 of 2 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below) York's outstanding stock consists of 70,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 230,000 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. 9 points Suped co Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 17,700 26,000 215,000 365,000 Hant Exercise 11-10 Dividends on common and noncumulative preferred stock LO C2 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.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Dividends in Total Cash Paid to Paid to Ches 10 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 17,700 26,000 215,000 365,000 Part 1 of 2 Exercise 11-10 Dividends on common and noncumulative preferred stock LO C2 9 points 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.) Skipped Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Hint Annual Preferred Dividend Dividends in Arrears at year-end Year 1 Year 2 Year Year 4 Total: Total Cash Paid to Paid to Dividend Paid Preferred Common $ 17,700 26,000 215,000 365,000 $ 623,700$ 05 0