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International Design has stock outstanding as follows: 7 0 , 0 0 0 shares of cumulative preferred 2 % stock, $ 6 0 par, and

International Design has stock outstanding as follows: 70,000 shares of cumulative preferred 2% stock, $60 par, and 100,000 shares of $10 common stock. During its first four years of operations, the following amounts were distributed as dividends: first year, $49,000; second year, $132,000; third year, $146,000; fourth year, $160,000. Compute the dividend per share on each class of stock for each of the four years.

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