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Required information [The following information applies to the questions displayed below.) York's outstanding stock consists of 85,000 shares of noncumulative 7.0% preferred stock with a

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Required information [The following information applies to the questions displayed below.) York's outstanding stock consists of 85,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 260,000 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 $ 19, 100 27,700 230,000 380,000 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.) Par Value per Preferred Share Dividend per Preferred Dividend Rate Number of Preferred Shares Preferred Dividend + Share Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 Year 3 Year 4 19,100 27.700 230,000 380.000 656,800S Total: 0S 0

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