Help Save & Exit Sut Required information [The following information applies to the questions displayed below.) A company's outstanding stock consists of 90,000 shares of 70% preferred stock with a $5 par value and also 160,000 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 $ 19,800 Year 2 total cash dividends 29,500 Year 3 total cash dividends 285,000 Year 4 total cash dividends 435,000 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.) Par Value por Preferred Share Dividend Rato Dividend per Preferred Share Number of Preferred Shares Preferred Dividend Annual Preferred Dividend: Paid to Preferred Paid to Common Dividends in Arrears at Year-end Year 1 Year 2 Total Cash Dividend Paid $ 19,800 29,500 285,000 435,000 $ 769,300 Year 3 Year 4 Total: $ 0 $