Year 1 total cash dividends $ 13,000 Year 2 total cash dividends 22,000 Year 3 total cash dividends 250,000 Year 4 total cash dividends 400,000. Yorks outstanding stock consists of 80,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 300,000 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.)

Year 1 total cash dividends	$	13,000
Year 2 total cash dividends		22,000
Year 3 total cash dividends		250,000
Year 4 total cash dividends		400,000