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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: 20Y1,

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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: 20Y1, $24,000; 20Y2, $48,000; 2013, $108,000; 20Y4, $138,000; 20Y5, $168,000; and 2046, $216,000. 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, $15 par. Required: 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 20Y1. Summarize the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter "O". Preferred Dividends Common Dividends Total Dividends Year Total Per Share Total Per Share 20Y1 $ 24,000 20Y2 48,000 2013 108,000 2014 138,000 2015 168,000 2016 216,000 Determine the average annual dividend per share for each class of stock for the six-year period. If required, round your answers to two decimal places. Average annual dividend for preferred $ per share Average annual dividend for common per share

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