12-12 Dividends Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 3% stock, $25 par, and 25,000 shares of $50 par common. During its first Print em eBook four years of operations, the following amounts were distributed as dividends: first year, $5,800; second year, $9,400; third year, $51,800; fourth year, $89,750 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". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share)