Lightfoot inc, a software development firm, has stock outstanding as follows: 15,000 shares of cumulative preferred 4% stock, $75 pac, and 19,000 shares of $125 par common, During its first four years of operations, the following amounts were distributed as dividends: first year, $5,700; second year, $9,450; third year, 546,950 ; fourth year, 573,140. Oetermine the dividends per share on each class of stock for each of the four years. Round al answers to two decimal piaces. If no dividends are paid in a given year, enter "on: Fonstect cheik My wis Is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per-stuare amount or totol amount per class of stock