Required information [The following information applies to the questions displayed below] York's outstanding stock consists of 60,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 280,000 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. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Required information The foclowing information agplies to the guestions disolayed belowi York's outstanding stock consists of 60.000 shares of cumulatwe 8.0\% prefered stock with a 55 por vilue and olso 280,000 shares of commen stock with a $1 per value. During as firt four years of operatoon, the corporotian declared and paid the following total cosh dividends: (Aound your "Dividend per Preferred Share" answer to 3 decimal places.)