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! Required information [ The following information applies to the questions displayed below. ] Year 1 total cash dividends Year 2 total cash dividends Year

!
Required information
[The following information applies to the questions displayed below.]
Year 1 total cash dividends
Year 2 total cash dividends
Year 3 total cash dividends
Year 4 total cash dividends
$18,600
28,000
270,000
420,000
York's outstanding stock consists of 75,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 130,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
\table[[,\table[[Par Value per],[Preferred],[Share]],Dividend Rate,\table[[Dividend per],[Preferred],[Share]],\table[[Number of],[Preferred],[Shares]],\table[[Preferred],[Dividend]]],[Annual Preferred Dividend:,,,,,],[,\table[[Total Cash],[Dividend Paid]],\table[[Paid to],[Preferred]],\table[[Paid to],[Common]],\table[[Dividends in],[Arrears at],[year-end]],],[Year 1,$,18,600,,,],[Year 2,28,000,,,,],[Year 3,270,000,,,,],[Year 4,420,000,,,,],[Total:,$,736,600,$,0,]]
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