Reference no: EM132958073

Seventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows:

60,000 shares of cumulative preferred 3% stock, $20 par and

405,000 shares of $25 par common.

During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $72,000; third year, $90,000; fourth year, $100,000.

Problem 1: Determine 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 "0.00".