15 The following information applies to the questions displayed below] Tear total cash dividends Year 2 total cash dividends Year 3 total cash dividends Tear 4 total cash dividends $12,100 20,500 220,000 370,000 Exercise 11-12 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 75,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 240,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Reces Par Value per Preferred Dividend Rate Dividend per Preferred Number of Preferred Preferred Share Share Shares Dividend Annual Preferred Dividend Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 $ 12.100 Year 2 20,500 Year 3 220.000 Year 4 370,000 Totals $ 622,600 s 05 0