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Internal Insights Inc, a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 2% stock, $160 par, and 67,000 shares

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Internal Insights Inc, a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 2% stock, $160 par, and 67,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $42,900; second year, $95,200; third year, $119,750; fourth year, $147,750. 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 dividends are paid in a given year, leave it blank. Feedback Fheck My Wok 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

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