Dividends on preferred and common stock

shares of cumulative, preferred $2\%$ stock, $$10$ par, and $500,000$ shares of common stock, $$15$ par.

Required:

in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter $"0".$

Determine the average annual dividend per share for each class of stock for the six$-$year period. If required, round your answers to two decimal places.

Average annual dividend for preferred $,$$

per share

Average annual dividend for common

per share

on the average annual dividend per share $($a$)$ for preferred stock and $($b$)$ for common stock.

Round your answers to one decimal place.

Preferred stock

$\%$

Common stock

$\%$