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: 2071, 624,000; 2002, 648,000 2013, $108,000; 2014, 138,000; 2005, 9174,000; and 2076, 216,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed 30,000 shares of cumulative, preferred 2 stock, $100 par, and 100,000 shares of common stock, $20 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 no dividends in arrears at the beginning of 2011. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter * Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2011 524,000 2012 45,000 2013 105,000 2014 138.000 2015 174,000 2016 216.000 2. Determine the average annual dividend per share for each case of stock for theseyear period of reared, round your answer to two decimal places Average annual dividend for preferred Der where Average annual dividend for common per share 2. Determine the average annual dividend per share for each class of stock for the steryear period. If required, round your answers to two decimal places Average annual dividend for preferred per share Average annual dividend for common per share 2. Auming a market price per share of 99 for the preferred stock and 124 for the common stock termine the average annual percentage return on sarenolder mestment, based on the average annual dividend per share (a) for preferred stock and (b) for common stock Round your answers to twoimal places Preferred to Common stock