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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

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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 $ 23,000 31,700 235,000 385,000 10 York's outstanding stock consists of 90,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 270,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Par Value per Preferred Share Dividend Rate Annual Preferred Dividend: Total Cash Dividend Pald Paid to Preferred Dividends in Paid to Common Arrears at year-end Year 1 $ 23,000 Year 2 31,700 Year 3 235,000 Year 4 385,000 Totals $ 674,700 $ 0 $

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