! Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] York's outstanding stock consists of 65,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 220,000 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 9,300 17,500 210,000 360,000 Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Dividend per Preferred Par Value per Preferred Number of Preferred Shares Preferred Dividend Dividend Rate Share Share Annual Preferred Dividend: Dividends in Arrears at Total Cash Paid to Preferred Paid to Common Dividend Paid year-end Year 1 9,300 Year 2 17,500 Year 3 210,000 360,000 Year 4 $ 596,800 Totals