My Home 12 Homework eBook FEET CengageNOWv2| Online teaching and learning resource from Cengage Learning Show Me How Cengage Learning Dividends on Preferred and Common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following annual dividends over a six-year period 2011, $24,000; 2012, $48,000; 2013, $108,000; 2014, $132,000; 2015, $168,000; and 2016, $210,000. During the entire period ended December 31 of each year the outstanding stock of the company was composed of 30,000 shares of cumulative, preferred 2% stock, $100 par, and 100,000 shares of common stock, $20 par Required: 1. Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears at the beginning of 2011. Summarize the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "0" Preferred Dividends SO Year Total Dividends Total LANKSHEET 2011 $ 24,000 24,000 2012 48,000 48,000 CEL ALGO 2013 108,000 EXCELALGO 2014 132,000 2015 2016 168,000 210,000 Common Dividends Per Share Total Per Share 0.00 0.63 0 2. Determine the average annual dividend per share for each class of stock for the six-year penot. If required, round your awers to te decima per share Average annual dividend for preferred Average annual dividend for common