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[ The following information applies to the questions displayed below. ] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash

[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
$19,800
29,500
285,000
435,000
Exercise 11-13(Algo) Dividends on common and cumulative preferred LO C2
York's outstanding stock consists of 90,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 160,000 shares of common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash dividends:
Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.
Answer is complete but not entirely correct.
\table[[,\table[[Par Value],[per],[Preferred],[Share]],\table[[Dividend],[Rate]],\table[[Dividend],[per],[Preferred],[Share]],\table[[Number of],[Preferred],[Shares]],\table[[Preferred],[Dividend]]],[\table[[Annual Preferred],[Dividend:]],5.00,7.0%,0.350,90,000,31,500],[\table[[\table[[Total Cash],[Dividend],[Paid]]]],\table[[Paid to],[Preferred]],\table[[Paid to],[Common]],\table[[Dividends],[in Arrears],[at year-end]],],[Year 1,19,800,19,800,00,$,11,700vv,],[Year 2,29,500,29,500,00,13,700,],[Year 3,285,000,2x,2x,00,],[Year 4,435,000,31,500,403,500,00,],[Totals,$,769,300,80,802,$,403,502,,]]
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