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

!Required information
[The following information applies to the questions displayed below.]
\table[[Year 1 total cash dividends,$11,500],[Year 2 total cash dividends,20,700],[Year 3 total cash dividends,260,000],[Year 4 total cash dividends,410,000]]
York's outstanding stock consists of 65,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 110,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
\table[[,\table[[Par Value per],[Preferred],[Share]],Dividend Rate,\table[[Dividend per],[Preferred],[Share]],\table[[Number of],[Preferred],[Shares]],\table[[Preferred],[Dividend]]],[Annual Preferred Dividend:],[,\table[[Total Cash],[Dividend Paid]],\table[[Paid to],[Preferred]],\table[[Paid to],[Common]],\table[[Dividends in],[Arrears at],[year-end]],],[Year 1,11,500,,,,],[Year 2,20,700,,,,],[Year 3,260,000,,,,],[Year 4,410,000,,,,],[Totals,702,200,$,$,,]]
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