Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 3% stock, $160 par, and 63,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $61,180; second year, $131,220; third year, $158,550; fourth year, $176,880. 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 "O". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) $ 2,250 X $ 3,750 x $ 6,000 X $ 6,000 X Common stock (dividend per share) 0 $ 0 X 21,770 53,580 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