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Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulative preferred 2% stock, $150 par, and 43,000 shares of

Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulative preferred 2% stock, $150 par, and 43,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $26,130; second year, $61,870; third year, $79,970; fourth year, $109,520.

What is the Preferred stock (dividend per share) 1st year, 2nd year, 3rd year, and 4th year?

What is the common stock (dividend per share) 1st year, 2nd year, 3rd year, and 4th year?

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