Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Exercise 13-12 (Static) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 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.)