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Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 80,000 shares of noncumulative 6.0% 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. $ Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 13,000 22,000 250,000 400,000 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.) Dividend Rate Par Value per Preferred Share 5.00 Dividend per Number of Preferred Preferred Share Shares $ 0.300 80,000 Preferred Dividend Annual Preferred Dividend: 6.0% $ 24,000 Total Cash Dividend Paid Paid to Preferred Paid to Common $ Arrears at year-end $ Year 1 Year 2 Year 3 Year 4 Total: 13,000 22,000 250,000 400,000 685,000 13,000 22,000 24,000 83,000 142,000 226,000 376,000 602,000 | $ $ $