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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
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 $ 18,000 28,000 300,000 450,000 York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 190,000 share common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cas dividends: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: 5.00 7.5% $ 0.375 80,000 $ 30,000 Total Cash Dividends in Dividend Paid Paid to Preferred Paid to Common Arrears at year-end Year 1 $ 18,000 $ 18,000 Year 2 28,000 28,000 Year 31 300,000 Year 4 450,000 Totals $ 796,000 $ 46,000 $ 0
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