Pecan Theatre Inc. owns and operates movie theaters throughout Floride and Georgia, Pecan Theatre has declared the following annual dividends over a six-year period: Year 1, $48,000; Year 2 $144,000; Year 3, $228,000 Year 4, $276.000, Year 5, $348,000, and Year 6, $432,000. 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 stock, $100 pare and 100,000 shares of common stock, $20 PM Required: 1. Determine the total dividends and the pershare dividends declared on each class of stock for each of the six years. There were no dividenden arrears at the beginning of Year 1. Summarlue the data in tabular form. If required, round your answers to two decimal places. If the amount is zero, please enter to Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share Year 1 $ 48,000 48,000 0.48 0 0 Year 2 144,000 Year 228,000 0 0 Year 4 276,000 348,000 Year Year 6 432,000 2. 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 arwal dividend for common per share 3. Assuming a market price per share of $194 for the preferred stock and $26 for the common stock, determine the average annual percentage return on tal shareholders Investment, based on the average annual dividend per share(o) for preferred stock and (b) for common stock Round your answers to two decimal places. Preferred stock Common stock