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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 1% stock, $160 par, and

Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 24,000 shares of cumulative preferred 1% stock, $160 par, and 80,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $25,680; second year, $61,120; third year, $101,760; fourth year, $172,000. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If 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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