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Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of...

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Accounting

Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 16,000 shares of cumulative preferred 3% stock, $140 par, and 53,000 shares of $25 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $44,960; second year, $99,440; third year, $128,530; fourth year, $163,130.

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) $ $ $ $
Common stock (dividend per share)

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