Use the following information for the Exercises below. [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 $ 16,500 26,000 275,000 425,000 Exercise 11-11 Dividends on common and cumulative preferred stock LO C2 York's outstanding stock consists of 80,000 shares of cumulative 70% preferred stock with a $5 par value and also 140,000 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 Pald to Common Dividends in Arrears at year-end $ Year 1 Year 2 Year 3 Year 4 Totals 16,500 26,000 275.000 425 000 742 500 $