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Required information The fowlowing information applics to the questions displayed below f York's outstariding stock consists of 70,000 shares of noncumalative 6.0% preferred stock with

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Required information The fowlowing information applics to the questions displayed below f York's outstariding stock consists of 70,000 shares of noncumalative 6.0% preferred stock with a $5 par value and also 180,000 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: Determine the amount of dividends pald each year to each of the two classes of stockholders: preferred and common. Jote: Round your "Dividend per Preferred Share" answer to 3 decimal places

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