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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 $ 19,100 27,700 230,000 380,000 York's outstanding stock consists of 85,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 260,000 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.) Annual Preferred Dividend: Year 1 Year 2 Year 3 Year 4 Total: Answer is not complete. Par Value per Preferred Share Dividend Number Dividend Rate per Preferred Share of Preferred Shares Preferred Dividend Total Cash Dividend Paid to Preferred Paid to Common Dividends in Arrears Paid at year- end 19,100 19,100 $ 0$ 10,650 27,700 27,700 12,700 230,000 230,000 187,550 380,000 380,000 350,250 $ 656,800 $ 656,800 $ 537,800
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