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Dividends on Preferred and common Stock Pecan Theatre Inc. owns and operates movie theaters throughout Florida and GeorgiaPecan Theatre as declared the following annual dividends over a six-year period rear 1,580,000, Year 2, 890,000 Year 3, 5.50,000 Year 4, 5150,000; Year 5, 5160,000; and Year 6, 5180,000. During the entire period ended December 31 of each year, the outstanding stock of the company was composed of 250,000 stures of cumulative preferred 2stk, 120 par, and 500,000 shares of common stock, 515 par Required: 1. Determine the total dividends and the per-share dividends declared on each class of lock for each of the six years. There were no dividende in tara te beginning of Year 1. Sure the data babu torm required, round your answers to two decimales. If the amount is ere, please entero Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total Per Share Year 1 $ 80,000 50,000 80,000 0 0.32 X 90.000 90,000 90,000 x 0 0.36X Year 150,000 150,000 x 130,000 20,000 0.52 X Year 4 150,000 150,000 X 100,000 X 50,000 0.40 Years 160,000 160,000 100,000 x 60,000 0.40 Year 6 180,000 180,000 100,000 10,000 0.40 Accounting field 2.40 x 2. Determine the ene dividend per here for each class of stock for the year period. Wored, round your www to the decat hvergeanul dividend for preferred 0.40 perche Merge divided for common 0.07 per share 2. America where 25.00 for the preturned od 117.50 to the corrente, determine the entertur or not the one vicende referred stock and for comment Yound your wallace een stock 1.60 Common 0.40

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