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York's outstanding stock consists of 75,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 240,000 shares of common stock with
York's outstanding stock consists of 75,000 shares of cumulative 6.0% preferred stock with a $5 par value and also 240,000 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.) Dividend per Preferred Share Preferred Dividend Annual Preferred Dividend: Number of Preferred Shares 75,000 Dividends in Arrears at year ond Pald to Common Par Value per Preferred Dividend Rate Share S 500 60% Total Cash Pald to Dividend Paid Preferred S 12.100 $ 12.100 20,500 20500 220,000 370.000 $ 622 500 12.100 Year 1 Year 2 Year 3 Year 4 Totals ! Required information [The following information applies to the questions displayed below.] $ 12,100 20,500 Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 220,000 370,000 York's outstanding stock consists of 75.000 shares of cumulative 6.0% preferred
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