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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: shares of cumulative preferred stock, $ par, and shares of $ common stock. During its first four years of operations, the following amounts were distributed as dividends: first year, $; second year, $; third year, $; fourth year, $ Compute the dividend per share on each class of stock for each of the four years.
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