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resource from Question 10 Sumter Pumps Corporation A Manufactur.C Search All Matches | Chegg.com eBook Show Me How Calculator Print Item Dividends on Preferred and

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resource from Question 10 Sumter Pumps Corporation A Manufactur.C Search All Matches | Chegg.com eBook Show Me How Calculator Print Item Dividends on Preferred and Common Stock Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has declared the following annual dividends over a six-year period ended December 31 of each year: 2041, $24,000; 2082, 89,250; 2013, $121,750; 2074, 95,000; 2075, $115,000; and 2076, $175,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock. $90 par, and 100,000 shares of common stock, 34 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 2071. 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 Total Per Share Total Per Share 2011 $24,000 24,000 0.96 0 Year 2012 9,250 9,250 2013121,750 0.50 X 2014 95,000 2045 115,000 2016 175,000 2. Determine the average annua dividend per share for each class of stock for the six-year period. Round your answers to two decimal places Check My Work

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