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 60.000 shares of noncumulative 70% preferred stock with a $5 par value and also 210.000 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 Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 10,900 19,000 205,000 355,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 Use the data in Exercise 11.10 to determine the amount of dividends paid each year to each of the two classes of stock assuming that the preferred stock is cumulotive. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of P referred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year end Year 1 Year 3 10 900 19.000 205.000 355.000 589.900 Year 4 Totals