[The following Information applies to the questions displayed below.] ork's outstanding stock consists of 60,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 210,000 shares f common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash Ividends: ietermine the amount of dividends pald each year to each of the two classes of stockholders: preferred and common. (Round your Dividend per Preferred Share" answer to 3 decimal places.)