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

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[The following information applies to the questions displayed below.]
\table[[Year 1 total cash dividends,15,000],[Year 2 total cash dividends,24,200],[Year 3 total cash divjdends,265,000],[Year 4 total cash dividends,415,000]]
York's outstanding stock consists of 70,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 120,000 sha of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total ca dividends:
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
\table[[,\table[[\table[[Par Value per],[Preferred],[Share]]]],Dividend Rate,\table[[\table[[Dividend per],[Preferred],[Share]]]],\table[[\table[[Number of],[Preferred],[Shares]]]],\table[[Preferred],[Dividend]]],[Annual Preferred Dividend:],[,\table[[Total Cash],[Dividend Paid]],\table[[Paid to],[Preferred]],\table[[Paid to],[Common]],\table[[Dividends in],[Arrears at],[year-end]],],[Year 1,$,15,000,,,1,],[Year 2,24,200,,,-,],[Year 3,265,000,,,,],[\table[[Year 4]],415,000,L,,,],[Total:,719,200,$,$,,]]
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