Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 22,000 shares of cumulative preferred 4% stock, $120 par, and 73,000 shares of $15 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, $188,720; fourth year, $219,480. 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. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 7.3 X $ 4.80 X $ 4.80 4.80 Common stock (dividend per share) 0.90 X 1.99 X 2.52 X 2.94 X