calculator mividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period: Year 1. 548.000; Year 2. $144,000 Year 3, $228,000; Year 4. $275,000 Year 5. $336,000, and Year 6, 5432,000. During the entire period ending December 31 of each year, the outstanding stock of the company was composed of 40,000 shares of cumulative, 39 preterred stock, 5100 par, and 100,000 shares of common stock. $20 par. Required: 1. Determine the total dividends and the per share dividends dedared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of Year 1. Summarize the data in tabular form If required, round your answers to two decimal places. If the amount is zero, please enter "o'. Preferred Dividends Common Dividends Total Per Share Total Per Share Year Year 1 Year 2 Year 3 Total Dividends $ 48,000 144,000 163.000 Year 4 120.000 216.000 Year 5 276,000 336.000 432,000 120.000 Year 6 120,000 decimal for each class of stock for the year period of required found your annivers to 2. Determine the average armual dividend pelse per share Average annual dividend for preferred Average annual dividend for common tial s haders vestment based on the averade 3. Assuming a marvet price per share of $25 for the preferred stock and 26 for the common stock, determ preferred stock and for common stoc Round your answers to two decimales Preferred stock Common stock Previous Next)