Yukon Bike Corp manufactures mountain bikes and distributes tham through retail outlets in Montana, Idaho, Oregon and Washington. Yukon Bike Corp has declared the following annual dividends over a six-year period ending Dec 31 of each year:

Year 1 $ 28,000; Year 2 $ 44,000; Year 3 $ 48,000; Year 4 $ 60,000; Year 5 $ 76,000; Year 6 $ 140,000.

During the entire period, the outstanding stock of the company was composed of 40,000 share of 2% preferred stock, $ 65 par and 50,000 shares of common stock, $ 1 par.

1	Determine the total dividends and the per-share dividends declared on each class
	of stock for each of the six years. Use the table below:
Year	Total		Preferred Dividends			Common Dividends
	Dividends		Total	Per Share		Total	Per Share
1	$28,000.00		$	$
2	$44,000.00		$	$
3	$48,000.00		$	$
4	$60,000.00		$	$
5	$76,000.00		$	$
6	$140,000.00		$	$

**Please show your work/formulas

2	Calculate the average annual dividend per share for each class of stock for the six
	year period. Round to the nearest cent.
3	Assuming that the preferred stock was sold at $ 57.50 and common stock was sold at
	$ 5.00 at the beginning of the six-year period, calculate the average annual
	percentage return on initial shareholders' investment based on the average
	annual dividend per share (a) preferred stock and (b) common stock.