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Dividends Per Share Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 1% stock, $150 par,

Dividends Per Share

Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 12,000 shares of cumulative preferred 1% stock, $150 par, and 40,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $12,120; second year, $33,880; third year, $47,080; fourth year, $79,200.

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) $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4
Common stock (dividend per share) $fill in the blank 5 $fill in the blank 6 $fill in the blank 7 $fill in the blank 8

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