Wequired inmormation

The following information appltes to the questions cilfolleyed betowy.

vear $1$ total cash dividends

York's outstanding stock consists of $85,000$ shares of cumulatwe $7\mathrm{.}0\%$ preferred stock with a $$5$ par value and also $2$ common stock with a $$1$ par value. During its first four years of operation, the corporation declared and paid the follo clividends:

Note: Round your "Dividend per Preferred Share" answer to $3$ decimal places.