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York s outstanding stock consists of 7 0 , 0 0 0 shares of cumulative 6 . 0 % preferred stock with a $ 5

Yorks outstanding stock consists of 70,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 180,000 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:
Year 1 total cash dividends $ 9,100
Year 2 total cash dividends 19,000
Year 3 total cash dividends 295,000
Year 4 total cash dividends 445,000
Determine the amount of dividends paid each year to each of the two classes of stockholders: preferred and common.

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