[The following information applies to the questions displayed below.] ork's outstanding stock consists of 60,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 210,000 shares of ommon stock with a $1 par value. During Its first four years of operation, the corporation declared and pald the following total cash ividends: (Round your "Dlvidend per Preferred Share" answer to 3 decimal places.)