Question: Ch 13-3 Exercises & Problems Dividends Per Share ? Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative

Ch 13-3 Exercises & Problems Dividends Per Share ? Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 2% stock, $120 par, and 67,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $32,200; second year, $73,800; third year, $98,020; fourth year, $133,760. 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) 0.81 $ Common stock (dividend per share) 0 $ 8
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