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Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 2% stock, $25 par, and 13,000

Dividends per share

Lightfoot Inc., a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 2% stock, $25 par, and 13,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $1,900; second year, $3,200; third year, $19,780; fourth year, $38,540.

Determine the dividends 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, enter "0".

Line Item Description 1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividend per share)
Common stock (dividend per share)

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