Dividends 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: $20Y1,$$$16,000$;$20Y2,$$$32,000$;$20Y3,$$$72,000$;$20Y4,$$$88,000$;$20Y5,$$$112,000$; and $20Y6,$$$144,000.$ During the entire period ended December $31$ of each year, the outstanding stock of the company was composed of $20,000$ shares of cumulative, preferred $2\%$ stock, $$100$ par, and $100,000$ shares of common stock, $$10$ par.

Required:

Determine the total dividends and the per$-$share dividends declared on each class 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 $"0".$

$\backslash$table$[[$Total$,$Preferred,Preferred,Common,Common$],[$Year Dividends,Dividends,Dividends,Dividends,Dividends$]]$