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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 2 % stock, $120 par,

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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 2 % stock, $120 par, and 40,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $19,320; second year, $48,280; third year, $63,120; fourth year, $92,000. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If o dividends are paid in a given year, enter "0" 2nd Year 3rd Year 4th Year 1st Year Preferred stock (dividend per share) 1.61 Common stock (dividend per share)

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