Question: 12.2 Dividends Per Share Lightfoot Inc, a software development firm, has stockloutstanding as follows: 30,000 shares of cumulative preferred 2% stock, $25 par, and 38,000

 12.2 Dividends Per Share Lightfoot Inc, a software development firm, has
12.2

Dividends Per Share Lightfoot Inc, a software development firm, has stockloutstanding as follows: 30,000 shares of cumulative preferred 2% stock, $25 par, and 38,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,700; second year, $9,600; third year, $58,200; fourth year, $111.900. Calculate the dividends per share on each dass 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 "o". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share)

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