Required information [The following imformation applies to the questons displayed below] York's outstanding stock consists of 80,000 shares of noncumulative 75% preferred stock with a $5 par value and also 200,000 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 "Dlvidend per Preferred Share" answer to 3 decimel pleces. Yorik's outstanding stock consists of 80,000 shares of noncumulatve 7.5% preferred stock with a 55 par value and also 200,000 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 pald each year to each of the two classes of stockholdersi preferred and common. Note: Round your "Dividend per Preferred Share" answer to 3 decimal places