Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 22,000 shares of cumulative preferred 3% stock, $160 par, and 73,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $70,840; second year, $150,360; third year, $179,230; fourth year, $193,200. 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". Preferred stock (dividend per share) $ $ 1st Year 3.22 0 2nd Year $ 6.83 X $0 0 * $ $ 3rd Year 4.35 * 1.15 * $ $ 4th Year 4.80 1.20 V 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