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! Required information Use the following information for the Exercises below. (Algo) [The following information...

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Accounting

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! Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.) Year 1 total cash dividenda Year 2 total cash dividends Year 3 total cash dividends Year 4 total cash dividends $ 9,300 17,500 210,000 360,000 Exercise 11-12 (Algo) Dividends on common and cumulative preferred LO C2 York's outstanding stock consists of 65,000 shares of cumulative 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: (Round your "Dividend per Preferred Share" answer to 3 decimal places.) Preferred Dividend Annual Preferred Dividend 19,500 Par Value per Dividend per Number of Preferred Dividend Rate Preferred Preferred Share Share Shares 5,00 6.0% 5 0.300 65,000 Total Cash Paid to Pald to Dividends in Arrears at Dividend Pald Preferred Common year-end 9,300 $ 0,300 $ or s 10,200 17.500 17,500 0 12,200 210.000 0 360,000 0 $ 596,800 $ 26,800 $ 0 Year 1 Year 2 Year 3 Year 4 Totals

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