Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below) Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividende Year 4 total cash dividendo $ 18,600 28.000 270.000 420.000 Exercise 13-11 (Algo) Dividends on common and noncumulative preferred stock LO C2 York's outstanding stock consists of 75,000 shares of noncumulative 80% preferred stock with a $5 par value and also 130,000 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 (Round your "Dividend per Preferred Share" answer 3 decimal places.) York's outstanding stock consists of 75,000 shares of noncumulative 8.0% preferred stock with a $5 par value and also 130,000 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 (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 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 2 Year 3 Year 4 Total: 18,600 28,000 270,000 420,000 736.600 $