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Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below) Year 1 total cash dividends Year 2

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Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below) Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 20,000 28,000 200,000 350,000 Exercise 11-13 (Static) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 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.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 Year 3 Year 4 Totals 20.000 28.000 200,000 350,000 598,000 $ 0 $ 0

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