York's outstanding stock consists of 75,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 240,000 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. Year 1 total cash dividendo Year 2 total cash dividends Year 3 total cash dividendo Year 4 total cash dividendo $ 12,100 20,500 220,000 370.000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 Use the data in Exercise 11-10 to determine the amount of dividends pald each year to each of the two classes of stock assuming that the preferred stock Is cumulative. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value por Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Total Cash Dividend Paid Paid to Proferred Paid to Common Dividends in Arrears at year-end $ Year 1 Year 2 Year 3 Year 4 Totals 12.100 20.500 220,000 370,000 622.000 5