4. Clearfield's outstanding stock consists of 100,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 300,000 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.) (10 points) Dividends paid for the first four years are as follows: Year 1 total cash dividends $ 20,000 Year 2 total cash dividends 28,000 Year 3 total cash dividends 220,000 Year 4 total cash dividends 450,000 In the table below: A. Calculate the annual preferred dividend B. Calculate the distribution of dividends to preferred and common stockholders for years 1 thru 4 Par Value per Preferred Share Dividend Number per of Preferred Preferred Preferred Share Shares Dividend Dividend Rate Annual Preferred Dividend: Total Cash Paid Dividend Dividends in Arrears at Year End Paid to Paid to Preferred Common Year 1 Year 2 Year 3 Year 4 Totals