Saved Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 80,000 shares of noncumulative 7.0 % preferred stock with a $5 par value and also 140,000 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. Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 16,500 26,000 275,000 425,000 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 per Preferred Share Number of Preferred Shares Preferred Dividend Dividend Rate Annual Preferred Dividend: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end 16,500 Year 1 26,000 Year 2 275,000 Year 3 425,000 Year 4 S 742,500 Total