[The following information applies to the questions displayed below.] Year 1 total cash dividends $ 13,000 Year 2 total cash dividends 22,000 Year 3 total cash dividends 250,000 Year 4 total cash dividends 400,000. Yorks outstanding stock consists of 80,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 300,000 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.)

Preferred Dividend Annual Preferred Dividend: Par Value per Preferred Share $ 5.00 Total Cash Dividend Paid Dividend per Dividend Rate Preferred Share 6.0% $ 0.300 Paid to Paid to Preferred Common Number of Preferred Shares 80,000 Dividends in Arrears at year-end $ Year 1 Year 2 Year 3 Year 4 Totals 13,000 22,000 250,000 400,000 685,000 $ $ 0 $ 0