Lightfoot Inc., a software development firm, has stock outstanding as follows: 37,000 shares of cumulative preferred 1% stock, $145 par and 107,000 shares of $180 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $41,000; second year, $57,000; third year, $77,000; fourth year, $133,000. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. 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". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividends per share) $ 1.11 $ 1.54 $ X $ 1.45 Common stock (dividends per share) $ 0 0 $ X $ X Dividends per share 2 Lightfoot Inc., a software development firm, has stock outstanding and dividends distributed as follows: Cumulative preferred stock: Shares outstanding Dividend right Par value 9 Common stock: 10 11 Shares outstanding Par value 12 Dividends distributed: 26 27 123456789OEZEN 22222222222 28 29 1st year 2nd year 3rd year 4th year DATA 37,000 1% $145 107,000 $180 $41,000 $57,000 $77,000 $133,000 Using formulas and cell references, perform the required analysis, and input your answers into the Dividends Per Share columns. Transfer the numeric results for the green entry cells (B22:E23) into the appropriate fields in CNOWv2 for grading. 15 16 17 18 19 20 21 22 Preferred stock 23 Common stock 24 25 1st Year Dividends Per Share 2nd Year 3rd Year 4th Year Formulas 1st Year 2nd Year 3rd Year 4th Year