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The following information applies to the questions displayed below.]Year 1 total cash dividends$ 20,000Year 2...

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Accounting

The following information applies to the questions displayed below.]Year 1 total cash dividends$ 20,000Year 2 total cash dividends28,000Year 3 total cash dividends200,000Year 4 total cash dividends350,000Exercise 13-12(Static) Dividends on common and cumulative preferred LO C2Yorks outstanding stock consists of 80,000 shares of cumulative 7.5% preferred stock with a $5 par value and also 200,000 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:Note: Round your "Dividend per Preferred Share" answer to 3 decimal places.

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