Chapter 11 Homework i Saved Help Save & Exit Submit Check my work Required Information [The following Information applies to the questions displayed below.) Part 2 of 2 York's outstanding stock consists of 90,000 shares of noncumulative 7.5% preferred stock with a $5 par value and also 270,000 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. 2.5 points eBook $ Year 1 total cash dividends Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends 23,000 31,700 235,000 385,800 Hint Print References Use the data in Exercise 11-10 to determine the amount of dividends pald each year to each of the two classes of stock 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: Total Cash Dividend Paid Paid to Preferred Paid to Common Dividends in Arrears at year-end Year 1 Year 2 23.000 31,700 235.000 385.000 Year 3 Year 4