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Required information [The following information applies to the questions displayed below] Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 10,900 19,000 205,000 355,000 York's outstanding stock consists of 60,000 shares of noncumulative 7.0% preferred stock with a $5 par value and also 210,000 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: 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.) Par Value per Preferred Dividend Rate Share Dividend per Preferred Share Number of Preferred Preferred Dividend Shares Annual Preferred Dividend: $ 5.00 7.0% S 0.350 60,000 $21,000 Total Cash Paid to Paid to Dividends in Dividend Paid Arrears at Preferred Common year-end Year 1 $ 10,900 S 10,900 Year 2 19.000 19,000 Year 3 205.000 2000 Year 4 355,000 Total: $ 589,900 $ 234,900 $ 0