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Required information Skip to question [ The following information applies to the questions displayed below. ] Year 1 total cash dividends $ 1 5 ,

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[The following information applies to the questions displayed below.]
Year 1 total cash dividends $ 15,500
Year 2 total cash dividends 24,000
Year 3 total cash dividends 225,000
Year 4 total cash dividends 375,000
Yorks outstanding stock consists of 80,000 shares of noncumulative 6.5% preferred stock with a $5 par value and also 250,000 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:
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
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