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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 1% stock, $120 par, and

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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 21,000 shares of cumulative preferred 1% stock, $120 par, and 70,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $16,800; second year, $43,600; third year, $71,680; fourth year, $126,700 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) $ 0.80 Common stock (dividend per share) 0 0.14

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