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  3. year 1 total cash dividends $ 11,500 year 2 total

Year 1 total cash dividends $ 11,500 Year 2 total cash dividends 20,700 Year 3...

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Accounting

Year 1 total cash dividends $ 11,500 Year 2 total cash dividends 20,700 Year 3 total cash dividends 260,000 Year 4 total cash dividends 410,000 Yorks outstanding stock consists of 65,000 shares of cumulative 7.0% preferred stock with a $5 par value and also 110,000 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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