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Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Year 1 total cash dividends
Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Year 1 total cash dividends $ 9,100 Year 2 total cash dividends Year 3 total cash dividends 19,000 295,000 Year 4 total cash dividends 445,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 York's outstanding stock consists of 70,000 shares of cumulative 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Year 1 S 9,100 Year 2 19,000 Year 3 295,000 Year 4 445,000 Totals $ 768,100 Dividends in Arrears at year-end
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