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Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 18,100 27,200 255,000 405,000 Exercise 13-10 Dividends on common and noncumulative preferred stock LO C2 York's outstanding stock consists of 90,000 shares of noncumulative 6.5% preferred stock with a $5 par value and also 100,000 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. (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share $ 5.00 Dividend per Dividend Rate Preferred Share 6.5% $ 0.325 Preferred Dividend Annual Preferred Dividend: Number of Preferred Shares 90,000 Dividends in Arrears at year-end Total Cash Dividend Paid Paid to Preferred Paid to Common $ Year 1 Year 2 Year 3 Year 4 Total: 18,100 27,200 255.000 405,000 705,300 $ $ 0 $ 0