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Dividends Per Share Seventy-Two Inc, a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and

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Dividends Per Share Seventy-Two Inc, a developer of radiology equipment, has stock outstanding as follows: 80,000 shares of cumulative preferred 3% stock, $20 par and 405,000 shares of $25 par common During its first four years of operations, the following amounts were distributed as dividends: first year, $30,000; second year, $72,000; 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 yeat enter"0.00 2nd Year 3rd Year 4th Year 1st Year Preferred stock (dividends per share) Common stock (dividends per share)

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