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: preferred and common (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Annual Preferred Dividend: Answer is complete but not entirely correct. Par Value Dividend Number per Dividend per of Preferred Preferred Rato Preferred Preferred Dividend Share Sharo Sharos 5.00 6.5%$ 0.325 80,000 26,000 Dividends Total Cash Paid to Pald to Dividend in Arrears Preferred Common at year Pald end IS 15,500 $ 15,500 $ 0 $ 10,500 24,000 24,000 0 12,500 225,000 38,500 186,500 0 375,000 26,000 349,000 0 $ 639,500 $ 104,000 $ 535,500 Year 1 Year 2 Year 3 Year 4 Total