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York's outstanding stock consists of 8 0 , 0 0 0 shares of noncumulative 6 % preferred stock with a $ 5 par value and

York's outstanding stock consists of 80,000 shares of noncumulative 6% 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:
\table[[Year 1 total cash dividends,$13,000,Year 3 total cash dividends,$250,000
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