Question: Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 40,000 shares of cumulative preferred 1 stock $125 par, and 100,000

 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: 40,000 shares of cumulative preferred 1 stock $125 par, and 100,000 shares of $150 par common. During its first four years of operations, the following amounts were distriboted as dividends: first year, $36,000;second year, $58,000; third year, $75,000, fourth year $124,000 Compute 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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