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Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 18,000 shares of cumulative 1%, preferred stock of $110 par, and 60,000 shares

Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 18,000 shares of cumulative 1%, preferred stock of $110 par, and 60,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $13,320; second year, $18,360; third year, $57,720; fourth year, $103,200.

Calculate the dividends per share on each class of stock for each of the four years. Round all answers to the nearest cent. If no dividends are paid in a given year, enter "0".

1st Year 2nd Year 3rd Year 4th Year
Preferred $ $ $ $
Common $ $ $ $

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