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, $32,000; 2012, $64,000; 2013, $144,000; 2014, $176,000; 2075, $224,000; and 2076, $280,000. 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 4% stock, $100 par, and 100,000 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 no dividends in arrears at the beginning of 2071. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "0" Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share 2011 $ 32,000 2012 64,000 2013 144,000 2014 176,000 20Y 224,000 2016 280,000 eBook Show Me How Calculator 2011 $ 32,000 2012 64,000 2013 144,000 2014 176,000 II III 2045 224,000 2016 280,000 2. Determine the average annual dividend per share for each dass of stock for the six-year period. If required, round your answers to two decimal places.