Question: Required Information Use the following Information for the Exercises below. [The following Information applies to the questions displayed below] Year 1 total cash dividends Year

 Required Information Use the following Information for the Exercises below. [The

Required Information Use the following Information for the Exercises below. [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 19,100 27,700 230,000 380,000 Exercise 13-3 Accounting for par, stated, and no-par stock Issuances LO P1 York's outstanding stock consists of 85,000 shares of noncumulative 70% preferred stock with a $5 par value and also 260.000 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 pald 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 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 Amears at Year-end 5 Year 1 Year 2 Year 2 Year 4 Total 19,100 27.700 230.000 380.000 866.800

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