Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 17,000 shares of cumulative preferred 1% stock, $110 par, and 57,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $12,580; second year, $34,820; third year, $50,120; fourth year, $85,390. 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 Preferred stock (dividend per share) ON 2nd Year 2.04 * x $ $ 3rd Year 1.68 X 0.37 X $ $ 4th Year 1.10 1.17 Common stock (dividend per share) Feedback Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per share amount or total amount per class of stock