Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulative preferred 1% stock, $150 par, and 43,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $13,130; second year, $35,870; third year, $49,960; fourth year, $82,710. Compute the dividend 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, leave it blank. Preferred stock (dividend per share) Common stock (dividend per share) 1st Year 1.01 2nd Year 5.60 X 3rd Year 4th Year 3333 Feedback Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine the 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