Required information [The following information applies to the questions displayed below. York's outstanding stock consists of 85,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 150,000 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. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 13,900 23,500 280,000 430,000 se the data in Exercise 13-10 to determine the amount of dividends paid each year to each of the wo classes of stock assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Par Value per Preferred Share $ 5.00 Total Cash Dividend Paid 7.0% Paid to Preferred Paid to Common Dividends in Arrears at year-end $ 0 Year 1 Year 2 Year 3 Year 4 13,900 $ 23,500 280,000 430,000 747,400 $ Totals $ 0 $ 0