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York's outstanding stock consists of 80.000 shares of noncumulative 6.5% preferred stock with a $5 par value and also 250.000 shares of common stock with

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York's outstanding stock consists of 80.000 shares of noncumulative 6.5% preferred stock with a $5 par value and also 250.000 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 Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 15,500 24,000 225,000 375.000 Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock is Cumulative (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Par Value per Preferred Share Dividend Rate Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 Year 3 Total Cash Dividend Paid 15,500 24,000 225,000 375,000 630 500 Year 4 Totais 5 05

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