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Dividends on Prelerred and Common Stock Yosemite Bhke Corp. manufactures mountain bikes and distributes them through retal outlets in Californa, Orepon, and Woshington. Yosemite Bike

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Dividends on Prelerred and Common Stock Yosemite Bhke Corp. manufactures mountain bikes and distributes them through retal outlets in Californa, Orepon, and Woshington. Yosemite Bike has declared the following annial dividends over a six-year penod ended December 31 of each year: 20r1, $24,500;20y2,$11,000;20Y3,5109,500;204,$90,000;2045,$115,000; and 20 Y 6,$130,000, During the entire period, the outstanding stock of the company was composed of 25,000 shares of curnulative preferred 2% stock, $80 par, and 100,000 shares of common stock, $4 par. Reaguired: 1. Determine the total dividends and the per-share dividends iedared on each class of stock for each of the sux years. There were no dividends in arrears at the beginning of zors. Summarize the data in tabular form. If required, round your per share answers to two decimal places, If the amount is zero, please enter " 0 ", 2. Determine the average annual dividend per share foc each class of stock for the sak year pericd. Round your answers to two decimal places. Average annual dividend for preferred stock per share

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