Dividends on Preferred and Common Stock Sunbird Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Sunbird Theatre Inc. has declared the following annual dividends over a six-year period: 2011, $20,000; 2012, $36,000; 2013, $70,000; 2014, $90,000; 2015, $102,000 and 2016, $150,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 100,000 shares of cumulative preferred 1% stock, $30 par, and 400,000 shares of common stock, $20 par Required: 1. Calculate 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 on January 1, 2011. 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 Dividends Total Per Share Total Per Share Year 2011 2012 2013 20,000 36,000 70,000 2014 90,000 | | ? ] ? 2015 102,000 0 2016 150,000 decimal places. 2. Calculate the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two Previous Next