Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 3% stock, $20 par, and 13,000 shares of $75 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $2,300; second year, $3,800; third year, $22,560; fourth year, $42,270. 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) $ $ $ $

Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 10,000 shares of cumulative preferred 3% stock, $20 par, and 13,000 shares of $75 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $2,300; second year, $3,800; third year, $22,560; fourth year, $42,270. 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 "O". Preferred stock (dividend per share) $ $ 1st Year 0.23 0 2nd Year 0.38 0 3rd Year 1.6 X 0.81 $ $ 4th Year 0.6 2.75 X Common stock (dividend per share) $ $