Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 15,000 24,200 265,000 415,000 Exercise 13-11 Dividends on common and cumulative preferred stock LO C2 York's outstanding stock consists of 70,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 120,000 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.) Annual Preferred Dividend: Par Value per Preferred Share $ 5.00 Total Cash Dividend Pald $ 15,000 24.200 265,000 415.000 $ 719,200 Answer is not complete. Dividend Dividend Number of per Preferred Rate Preferred Preferred Dividend Share Shares 7.5% 0.375 70,000 $26,250 Pald to Paid to Dividends Preferred Common in Arrears at year-end s 15,000 0 24 200 0 38,9503 26,250 Is 104,400 S 0 Year 1 Year 2 Year 3 Year 4 Totals