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Dividends Per Share Oceanic Company has 10,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $5 par common stock. The following

image text in transcribedimage text in transcribedimage text in transcribed Dividends Per Share Oceanic Company has 10,000 shares of cumulative preferred 3\% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed a dividends: Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 410,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $76,000; third year, $80,000; fourth year, $120,000. 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 "0.00". Common Stock, \$40 par Paid-In Capital from Sale of Treasury Stock Paid-In Capital in Excess of Par-Common Stock Retained Earnings Treasury Stock $2,400,00096,000780,0001,200,00047,000 Balance Sheet Stockholders' Equity Paid-in capital: Common Stock, $40Par(100,000 Shares Authorized, 60,000 Shares Issued) Excess of Issue Price Over Par Paid-in capital, common stock From Sale of Treasury Stock Total paid-in capital Retained Earnings Total Treasury Stock Total stockholders' equity

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