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Required information Use the following information for the Exercises below. ( Algo ) [ The following information applies to the questions displayed below. ]

Required information
Use the following information for the Exercises below. (Algo)
[The following information applies to the questions displayed below.]
\table[[Year 1 total cash dividends,$9,100Yorks outstanding stock consists of 70,000 shares of noncumulative 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:
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
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