Required information [The following information applies to the questions displayed bolow] ork's outstanding stock consists of 60,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 170,000 shares f common stock with a $1 par value. During its first four years of operation, the corporation dectared and paid the following total cash tridends: Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. lote: Round your "Dividend per Preferred Share" answer to 3 decimal places