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[The following information applies to the questions displayed below] ork's outstanding stock consists of 70,000 shares of cumufative 8.5% preferred stock with a $5 par value and also 290,000 shares of ommon stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash lividends: (Round your "Dividend per Preferred Share" onswer to 3 decimal places.)