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Required Information The following information applies to the questions displayed below) York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a

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Required Information The following information applies to the questions displayed below) York's outstanding stock consists of 70,000 shares of noncumulative 8.5% preferred stock with a $5 par value and also 290,000 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. Year 1 total cash dividends Year 2 total enah dividends Year 3 total cash dividends Year 4 total cash dividends $ 18,800 2 7,700 245,000 395,000 "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Number of Profe O Preferred Preferred Share Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 $ Year 2 Year 3 Year 4 Total: 18,800 27,700 245,000 395,000 686,500

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