OWibends on Preferred and Common Stoci camplany was composed of 20,000 thares of Cumulative, 34 peeferred stock, 3100 par, and 100,000 aheres of common stod, $10 per. Hequired: 1. Determine the total dvidends and the per-share dividends declared on each class of stoxk for each of the sis years. There were no dvidends in amears at the beginning of Year 1. 5ummarize the dato in tabuler form, if required, round your antwers to two decimel ploces, It the amount is zoro, please enter " 0 " 2. Determine the average annual dividend per shate for each class of stock for the ske-year period. If required, round your answers to two decimal places. Average annual dividend for preferred per share Average annual ovidend for common Der share 3. Assuming a market price per shwe of $181 for the freferred stock and $16 for the commen stock, determine the average annual percentage return on initial shareholders investmont, based on the average aninual dividend per share for preferred stock and for common stock. Round vour answeo to two decamal places. Preferred stock Cornmon stock 1. Is the pefterred stock cumulative or non-oursulatwe? How will the preferred stock being cumulative or nen-cumulative affect the distribution of ovidends? Determine what 2. Remember vou are calculating the awerbje per share for esch dass of stock, not in total