eBook Dividends Per Share Show Me How Print Item Internal Insights Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 1% stock, $160 pr, and 37,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends first year, $11,770; second year, $33,430; third year, $45,360; fourth year, $75,320. 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 dividend are paid in a given year, leave it blank. 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) 0 X 10.000 X 28.320 X 49.210 X Common stock (dividend per share) 0 0.27 37.000 X 37.000 X Feedback Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine the amount of current dividends that preferred stock should receive per year. Is the question asking for a per share amount or total amount per class of stock?