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Saved 0 Required information Use the following information for the Exercises below. [The following information applies to the questions displayed below.) Year 1 total cash

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Saved 0 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 $ 18,100 27,200 255,000 405,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 York's outstanding stock consists of 90,000 shares of cumulative 6.5% preferred stock with a $5 par value and also 100,000 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 Dividend per Number of Preferred Dividend Rato Preferred Preferred Preferred Share Dividend Share Shares 5.00 6.5% 0.325 90,000 $ 29,250 Total Cash Paid to Paid to Dividends in Dividend Pald Preferred Common Arrears at year-end $ 18,100 $ 18,100 $ of s 0 27 200 27,200 of 0 255,000 29,250 225,750 0 405.000 29.2507 375.7507 Year 1 Year 2 Year 3 Year 4

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