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Required Information The following Information applies to the questions displayed below) York's outstanding stock consists...

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Required Information The following Information applies to the questions displayed below) York's outstanding stock consists of 80,000 shares of noncumulative 60% preferred stock with a $5 par value and also 300,000 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 Year 2 total cash dividende Year total cash didenda Year 4 total cash dividends $ 13,000 22,000 250,000 400.000 Use the data in Exercise 11-10 to determine the amount of dividends paid each year to each of the two classes of stock assuming that the preferred stock is cumulative (Round your "Dividend per Preferred Shore" 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: Palio Preferred Paid to Common Dividends in Arrearsal year-end Year Year Year Year Total Total cash Dividend Paid 3000 25000 10,000 400/000 VIDA

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