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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 4% stock, $130 par, and

Dividends Per Share

Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 4% stock, $130 par, and 37,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $38,280; second year, $86,120; third year, $103,020; fourth year, $120,840.

Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".

1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividend per share) $ $ $ $
Common stock (dividend per share) $ $ $ $

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