Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 80,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 300,000 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 cash dividends Year 3 total cash dividends Year 4 total cash dividends 13,000 22,000 250,000 400,000 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share $ 5.00 Preferred Dividend $ 24,000 Annual Preferred Dividend: Total Cash Dividend Paid Dividend per Number of Dividend RateP referred Preferred Share Shares 6.0% $ 0.300 80,000 Dividends in Paid to Paid to Arrears at Preferred Common year-end $ 13,000 $ 01 $ 11,000 22,000 01 13,000 37,000 213,000 24,000 376,000 $ 96,000 $ 589,000 Year 1 Year 2 Year 3 Year 4 13,000 22,000 250,000 400,000 685,000 non Totals $