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Required information [The following information applies to the questions displayed below.] York’s outstanding stock consists of...

Required information

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

York’s outstanding stock consists of 65,000 shares of noncumulative 6.0% preferred stock with a $5 par value and also 220,000 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 $ 9,300
Year 2 total cash dividends 17,500
Year 3 total cash dividends 210,000
Year 4 total cash dividends 360,000

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.)

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