2 Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Year 1 total cash dividende $ 13,500 Year 2 total cash dividends 23,500 Year) total cash dividende 280,000 Year total cash dividende 410,000 02-2014 Pin Exercise 13-11 (Algo) Dividends on common and noncumulative preferred stock LO C2 York's outstanding stock consists of 85,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 150,000 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 pald each year to each of the two classes of stockholders: preferred and common (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Preferred Dividend Annual Preferred Dividend Par Value per Preferred Share 5.00 Total Cash Dividend Paid Dividend per Number of Dividend Rate Preferred Preferred Share Shares 0.0% s 0.300 Paid to Paid to Dividends in Preferred Common Arrears at Help Save & Exit Submit Required information York's outstanding stock consists of 85,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 150,000 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.) Preferred Dividend Annual Preferred Dividend: Par Value per Dividend per Number of Preferred Dividend Rate Preferred Preferred Share Sharo Shared $ 5.00 60% $ 0.300 Total Cash Pald to Paid to Dividends in Dividend Pald Preferred Common Arrears at year-end $ 13,900 $ 13,900 s 0 23.500 23.500 0 280,000 39.100 240,900 430,000 25.500 404,500 $ 747,400 $ 102,000 $ 545.400 Year 1 Year 2 Year 3 Year 4 Total