9 ! Part 2 of 2 Required Information [The following information applies to the questions displayed below.] York's outstanding stock consists of 60,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 170,000 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. 1 points Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 10,700 ee 290, eee 440, eee eBook 000 Hint Determine the amount of dividends pald each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Print Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend References Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 S Year 2 Year 3 Year 4 Totals 10,700 20,500 290,000 440,000 761,200 S 9 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 10,700 20,500 290,000 440,000 Part 2 of 2 1 points Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Answer is not complete. Par Value per Preferred Share $ 5.00 Dividend Rate Dividend per Preferred Number of Preferred Shares Preferred Dividend Share Annual Preferred Dividend: 7.5% $ 0.375 60,000 $ 22,500 Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 $ Year 2 Year 3 Year 4 Totals $ 10,700 20,500 290,000 440,000 $ 761,200 10,700 20,500 22,500 X 22,500 76,200 267,500 x 417,500 685,000 $ $