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 $ 15,000 24,200 265,000 415,000 York's outstanding stock consists of 70,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 120,000 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.) Par Value per Preferred Dividend Rate Dividend per Preferred Number of Preferred Preferred Dividend Share Share Shares Annual Preferred Dividend: Total Cash Dividend Pald Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 $ 15,000 Year 2 24,200 Year 3 265,000 Year 4 Total: 415,000 $ 719,200