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Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 4% stock, $120

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Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 14,000 shares of cumulative preferred 4% stock, $120 par, and 47,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $45,080; second year, $99,320; third year, $117,580; fourth year, $132,530. 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 2nd Year 3rd Year 4th Year 3.22 1.58 X 4.80 $ 4.80 0 0.21 1.07 1.39

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