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Accounting problem Olvidends on Preferred and Common Stock Yosemite Bike Corp, manufactures mountain bikes and distributes them through retail outlets in California, Oregan, and Washington.

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Accounting problem
Olvidends on Preferred and Common Stock Yosemite Bike Corp, manufactures mountain bikes and distributes them through retail outlets in California, Oregan, and Washington. Yosemite Bike has declared the following annual dividends over a sixyyear period ended December 31 of each year: 20Y1, $24,000;20Y2;$10,250;20Y3,$110,750;20Y4,$95,000;20Y5,$115,000; and 20r6, $155,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2\%6 stock, $80 par, and 100,000 shares of common stock, $4 par. Requiredt 1. Determine the total dividends and the per-share ditidends declared on each ciass of stock for each of the six years. There were no dividends in arrears at the beginning of 20Y1. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "o". 3. Assuming a market price of $100 for the preferred stock and 55 for the common stock, determine the average annual percentage return on inital shareholden investment, based on the average annual dividend per share (A) for preferred stock and (B) for common stock, Round your answers to two decimal places: Preferred stock Common stock

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