Dividends on preferred and common stock Pecan Theatre Inc. owns and operates movie theaters throughout Floride and Georgia. Pecan Theatre has declared the following annual dividends over six-year pered 2041, 560,000, 202, 180,000; 2003, $160,000, 2014, 5160,000, 2045, $170,000, and 2086, 5160,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 400,000 shares of comitive Preferred stock, $10 per, and 500,000 shares of common stock, $15 par Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were ne dividends in arrears at the beginning of 2011. Summartie the data in tabula form. If required, round your per share answers to two decimal places. If the amount is release enter "O" Preferred Dividends Common Dividends Total Year Dividende Total Per Share Total Per Share 2011 $60,000 60,000 2012 80,000 80,000 2013 160,000 2014 160,000 2015 170,000 2015 180,000 2. Determine the average al dividend per share for each class of stock for the year period. It required, round your answers to two decimal places Average annual dividend for preferred per share Average annual dividend for common pere 2. Assuming market price per here of $25.00 for the preferred stock and $22.00 for the common stock, determine the average anual percentage retum on initial shareholder investment, buted on the weape annual vidend per share for preferred stock and (b) for common stock Round your answers to one decimal place Preferred stock Common stock