12.1

Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 39 stock, $20 par and 400,000 shares of $25 par common During its first four years of operations, the following amounts were distributed as dividends: first year, $31,000; second year, $25,000 third year $100,000; fourth year, $120,000 Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in olven year, unter "0.00" 3rd Year 4th Year Preferred stock (dividends per share) Common stock (dividends per share) 1st Year 2nd Year