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[The following information applies to the questions displayed below.] Year 1 total cash dividends $ 19,800 Year 2 total cash dividends 29,500 Year 3 total

[The following information applies to the questions displayed below.]

Year 1 total cash dividends $ 19,800
Year 2 total cash dividends 29,500
Year 3 total cash dividends 285,000
Year 4 total cash dividends 435,000

Yorks outstanding stock consists of 90,000 shares of noncumulative 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:

Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.

Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.

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