Year 1 total cash dividendo Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $10.900 19,000 205,000 355,000 Exercise 11-10 Dividends on common and noncumulative preferred stock LO C2 York's outstanding stock consists of 60,000 shares of noncumulative 70% preferred stock with a $5 par value and also 210,000 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.) Annual Preferred Dividend: Par Value per Dividend per Number of Preferred Preferred Dividend Rate Preferred Preferred Share Share Dividend Shares $ 5.00 7.0% 60,000 Dividends in Total Cash Paid to Pald to Arrears at Dividend Paid Preferred Common Year-end $ 10.900 19,000 205,000 355,000 $ 589.900 $ 0 $ 0 Year 1 Year 2 Year 3 Year 4 Total: 12 Next > 13 of 17