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York's outstanding stock consists of 80,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 200,000 shares of common stock with

York's outstanding stock consists of 80,000 shares ofnoncumulative7.5% preferred stock with a $5 par value and also 200,000 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$20,000Year 2 total cash dividends28,000Year 3 total cash dividends200,000Year 4 total cash dividends350,000

Determine the amount of dividends paid each year to each of the two classes of stockholders assuming that the preferred stock iscumulative.(Round your "Dividend per Preferred Share" answer to 3 decimal places.)

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