Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 18,000 shares of cumulative preferred 4% stock, $130 par, and 60,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $62,640; second year, $134,560; third year, $168,840; fourth year, $198,600. 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) Feedback Check My Work 1st Year 2nd Year 3rd Year 4th Year 3.48 V 0 1.34 X 9.38 X x ox $ X 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?