Year 1 total cash dividends $ 19,800 Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 29,500 285,000 435,000 York's outstanding stock consists of 90,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 160,000 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.) Answer is complete but not entirely correct. Par Value per Preferred Dividend Rate Share Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: $ 5.00 7.0% $ 0.350 90,000 $ 31,500 Dividends Total Cash Dividend Paid to Preferred Paid to Common in Arrears at year- Paid end Year 1 $ 19,800 $ Year 2 29,500 90,000 $ 29,500 0 $ 11,700 0 13,700 Year 3 285,000 45,200 239,800 0 Year 4 435,000 31,500 403,500 0 Total: $ 769,300 $ 196,200 $ 643,300