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Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700 shares of cumulative preferred 4 stock, $15 per, and

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Dividends Per Share Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 80,700 shares of cumulative preferred 4 stock, $15 per, and 399,400 shares of $26 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $57,000 : second year, $77,100; third year, $79,300 fourth year, $99.900 Calculate 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 is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year is the question ask for a per-share amount or total amount per class of stock? Learning objective 2 nh

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