Yosemite Bike Corp. manufactures mountain bikes and distributes them through retail outlets in California, Oregon, and Washington. Yosemite Bike has dedared the following annual dividends over a six-year period ended December 31 of each year: 20Y1, $24,000; 20Y2, $11,000; 20Y3, $105,000; 20Y4, $90,000; 20Y5, $115,000; and 20Y6, $165,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% stock, $80 par, and 100,000 shares of common stock, $4 par

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 dedared the following annual dividends over a six-year period ended December 31 of each year: 2041, $24,000: 2012, $11,000; 2043, $105,000; 2084, $90,000; 2015, $115,000, and 2016, $165,000. During the entire period, the outstanding stock of the company was composed of 25,000 shares of cumulative preferred 2% 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 arrears at the beginning of 2071. Summarize the data in tabular form. If required, round your per share 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 2011 $24,000 2012 11,000 20Y3 105,000 2014 90,000 2015 115,000 2016 165.000 2. Determine the average annual dividend per share for each class of stock for the six-year period. Round your answers to two decimal places