Use the following Information for the Exercises below. (The following information applies to the questions displayed below] Year 1 total cash dividenda Year 2 total cash dividende Year 3 total cash dividenda Year 4 total cash dividends 10,000 27.700 345,000 395,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 York's outstanding stock consists of 70,000 shares of cumulative 8.5% preferred stock with a $5 per value and also 290,000 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.) Annual Preferred Dividend: Par Value per Preferred Share Share Dividend Rate Dividend per Preferred Number of Preferred Preferred Dividend Shares Total Cash Dividend Pald Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 $ 18,800 Year 2 27.700 Year 3 245,000 Year 4 395,000 Totals $ 686,500 $ 0 $