$!$

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

Year $2$ total cash dividends

$$13,000$

$22,000$

$250,000$

$400,000$

Year $3$ total cash dividends

Year $4$ total cash dividends

$400,000$

Exercise $13-12($Algo$)$ Dividends on common and cumulative preferred LO C$2$

York's outstanding stock consists of $80,000$ shares of cumulative $6\mathrm{.}0\%$ preferred stock with a $$5$ par value and also $300,000$ shares of common stock with a $$1$ par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:

Note: Round your "Dividend per Preferred Share" answer to $3$ decimal places.

$\backslash$table$[[,\backslash$table$[[$Par Value per$],[$Preferred$],[$Share$]],$Dividend Rate,$\backslash$table$[[$Dividend per$],[$Preferred$],[$Share$]],\backslash$table$[[$Number of$],[$Preferred$],[$Shares$]],\backslash$table$[[$Preferred$],[$Dividend$]]],[$Annual Preferred Dividend:,,,$-,,],[\backslash$table$[[$Total Cash$],[$Dividend Paid$]],\backslash$table$[[$Paid to$],[$Preferred$]],\backslash$table$[[$Paid to$],[$Common$]],\backslash$table$[[$Dividends in$],[$Arrears at$],[$year$-$end$]],],[$Year $1,13,000,,,x,],[$Year $2,22,000,,,$in$,],[$Year $3,250,000,,,,$s$.],[$Year $4,400,000,,,,],[$Totals$,685,000,$$$,$$$,,]]$