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Lightfoot Inc, a software development firm, has stock outstanding as follows: 15,000 shares of cumulative...

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Accounting

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Lightfoot Inc, a software development firm, has stock outstanding as follows: 15,000 shares of cumulative preferred 3% stock, $2.5 par, and 19,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $4,350; second year, $7,050; third year, $38,690; fourth year, $66,730. Calculate the dividend 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, loave it blank

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