Wack Bear Bike Corp. manufactures mountain bikes and distributes them through retal outets in Calfornia, Oregon, and Washington. Back Bear Bike Corp. has declared the following annual dividends over a sik-year period ended December 31 of each year: Year 1, \$42,500; Year 2, 518,000; Year 3, \$223,500; Year 4, \$178,000; Year 5, \$222,000; and Year 6, \$222,000. During the entire period, the outstanding stock of the cornpary was composed of 50,000 shares of curnulative preferred 2 s. stock, $80 par, and 100,000 shares of common stock, $4 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 arreari on January 1 , Year 1. Summarise the data in tabular form. If required, round your per share answers to two decimal places. If the amount is zero, please enter "o" 2. Determine the average annusi dividend per share for each class of stock for the six year period. Round your answers to 2. Determine the average annual dividend per share for each class of stock for the six year period. Round your answers to 3. Assuming a market price of $100 for the preferred stock and $5 for the common stock, determine the average annual percentage retum on intial shareholders' investment, based on the average annual dividend per share (a) for preferred stock and (b) for common stock. Round your answers to one decimal place. Preferred stock Common stock