Required information

Use the following information for the Exercises below.

$[$The following information applies to the questions displayed below.

Exercise $11-10$ Dividends on common and noncumulative preferred stock LO C$2$

York's outstanding stock consists of $70,000$ shares of noncumulative $8\mathrm{.}5\%$ preferred stock with a $$5$ par value and also $290,000$

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.$)$