Required information [The following information applies to the questions displayed below.] 's outstanding stock consists of 85,000 shares of noncumulative 7.0% preferred k with a $5 par value and also 260,000 shares of common stock with a $1 par value. ng its first four years of operation, the corporation declared and paid the following cash dividends: smine the amount of dividends paid each year to each of the two classes of kholders: preferred and common. 3: Round your "Dividend per Preferred Share" answer to 3 decimal places