Required information The following information applies to the questions displayed below) York's outstanding stock consists of 90.000 shares of noncumulative 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. $ 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 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.) Answer is complete but not entirely correct. Par Value per Preferred Share 5.00 Dividend Rate Dividend per Preferred Share $ 0.375 Preferred Dividend Annual Preferred Dividend: 75% Number of Preferred Shares 90,000S Dividends in Arrears at year- 33.750 Total Cash Dividend Paid Paid to Preferred Paid to Common end Year 1 $ $ 10.750 12.800 X Year 2 Year 3 Year 4 Total: 23,000 31,700 235,000 385.000 674.700 23,000 31,700 46,550 X 33,750 135,000 $ 0 0 188 450 X 351250 $ 539,700 $ $