Question: Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 3% stock, $25 par, and 13,000

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

Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 3% stock, $25 par, and 13,000 shares of $50 par common. During its first four years of operations, the following amounts were distributed as dividends first year, $2,900; second year, $4,700; third year $25,430; fourth year, $43,250 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)

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