Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed befow] tercise 11-11 (Static) Dividends on common and noncumulative preferred stock LO C2 ark's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 hares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following tal cash dividends: 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.)