please explain how to find that red circle

Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) York's outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 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 $ 11,500 20,700 260,000 410,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 Use the data in Exercise 11-10 to determine the amount of dividends paid each year to each of the two classes of stock assumir the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share $ 5.00 Dividend per Dividend Rate Preferred Share 7.0% $ 0.350 Number of Preferred Preferred Shares Dividend 65,000 $ 22,750 Dividends in Annual Preferred Dividend: BB Check Year I total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 11,500 20,700 260,000 410,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 Use the data in Exercise 11-10 to determine the amount of dividends paid each year to each of the two classes of stock assuming the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share $ 5.00 Annual Preferred Dividend: Dividend per Dividend Rate Preferred Share 7.0% 5 0.350 Paid to Paid to Preferred Common Total Cash Dividend Paid Number of Preferred Preferred Shares Dividend 65,000 $ 22,750 Dividends in Arrears at year-end $ 11,250 13,300 0 $ 0 Year 1 Year 2 Year 3 Year 4 0 11,500 $ 20,700 260,000 410,000 702,200 $ 11,500 $ 20,700 22,750 22,750 77,700 $ 0 087,250 387,250 Totals $