! Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below.) Year 1 total cash dividends $ 23,000 Year 2 total cash dividends 31,700 Year 3 total cash dividends 235,000 Year 4 total cash dividends 385,000 Exercise 11-12 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 90,000 shares of cumulative 7.5% preferred stock with a $5 per 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value por Preferred Dividend Rate Dividend per Preferred Share 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 23,000 31,700 235,000 385.000 674.700 Totals $