Reference no: EM132480931

Point 1: Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 15,000 shares of cumulative preferred 1% stock, $150 par, and 50,000 shares of $20 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $15,150; second year, $39,850; third year, $53,350; fourth year, $83,500.

Question 1: Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".

                                              1st Year               2nd Year                 3rd Year               4th Year

Preferred stock (dividend per share)

Comnmon stock (dividend per share)