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eBook Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 3% stock, $25 sar, and 31,000 shares of $125 pa common. During its first four years of operations, the following amounts were distributed as dividends first year, 57,250: second year, 511,750; third year, 564,220, fourth year, 5110,510. Calculate the dividends per share on nach dess of stock for each of the four years. Round an answers to two decimal places. I no dividends are paid in a given year, erter "0" 2nd Year 1st Year 0.29 3rd Year 1.9 X 4th Year IX Preferred stock (dividend pet share) Common stock (dividend per shore) . X 2.9 X Cho My Work 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 pershare amount or total amount per class of stock