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Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000...

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Accounting

Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 2% stock, $20 par, and 31,000 shares of $100 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $3,750; second year, $6,250; third year, $43,250; fourth year, $89,050. Calculate 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".

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