Year 1 total cash dividends	$ 11,500
Year 2 total cash dividends	20,700
Year 3 total cash dividends	260,000
Year 4 total cash dividends	410,000

Yorks outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 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.

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

Required information [The following information applies to the questions displayed below.] ork's outstanding stock consists of 65,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 110,000 shares f common stock with a $1 par value. During its first four years of operation, the corporation declared and paid the following total cash ividends: etermine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common. lote: Round your "Dividend per Preferred Share" answer to 3 decimal places. Required information [The following information applies to the questions displayed below.] York's outstanding stock consists of 65,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 110,000 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: Note: Round your "Dividend per Preferred Share" answer to 3 decimal places