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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 1% stock, $150 par, and

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Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 19,000 shares of cumulative preferred 1% stock, $150 par, and 63,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year $19,190; second year $47,810; third year $66,800; fourth year, $104,100. 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 glven year, enter "o". 1st Year 2nd Year 3rd Year ath Year Preferred stock (dividend per share) X 0 Common stock (dividend per share) 0.16 Chery 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

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