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Lightfoot Inc., a software development firm, has stock outstanding as follows: 3 5 , 0 0 0 shares of cumulative preferred 1 % stock, $

Lightfoot Inc., a software development firm, has stock outstanding as follows: 35,000 shares of cumulative preferred 1% stock, $140 par and 110,000 shares of $150 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $29,000; second year, $61,000; third year, $70,000; fourth year, $132,000.Determine the dividends per share on each class of stock for each of the four years. Round your answers to the nearest cent. If no dividends are paid in a given year, enter "0".
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