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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 3 total cash

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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 3 total cash dividends Year 4 total cash dividends $ 20,000 28,000 200,000 350,000 York's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 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 pald each year to each of the two classes of stockholders: preferred and common. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Number of Preferred Preferred Share Shares Preferred Owidend Annual Preferred Dividend: Paid to Comiin Dividends Arrears at Yand Year 1 Year 2 Year Year Total Total Cash Paid to Dividend Pald Preferred $ 20.000 20.000 200.000 360,000 5 S50,000 $ D

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