Cash Dividends Distributed by Year $$400,000$ Number of Shares RRRRRRRRRRRRRRRRRRRR $$350,000$ Preferred Stock $$300,000$ $$250,000$ $$200,000$ Common Stock $$200,000$ Common Stock $$150,000$ Preferred Stock Dividend Rate $$100,000$ Preferred Stock $6\%$ Par Value Per Share $$50,000$ Common Stock $$0\mathrm{.}01$ $$0$ Preferred Stock $$20\mathrm{.}00$ Year $1$ Year $2$ Year $3$ Year $4$ Common Stock Share Price $$25$ $$20$ $$15$ $$10$ $$5$ Year $1$ Year $2$ Year $3$ Year $4$ Required $1$ Required $2$ What is the total cash dividends paid out for Years $1,2,3,$ and $4$ combined? Total dividends distributed Required $1$ Required $2$ Assume that preferred stock is noncumulative and compute the Year $4$ cash dividends paid to $($a$)$ preferred stockholders and $($b$)$ common stockholders. Noncumulative Preferred Common E Cash dividends paid for Year $4$