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: