Question: Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 3% stock, $20 par, and 25,000

Dividends Per Share

Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 3% stock, $20 par, and 25,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $4,600; second year, $7,600; third year, $43,800; fourth year, $80,000.

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)	$fill in the blank 1	$fill in the blank 2	$fill in the blank 3	$fill in the blank 4
Common stock (dividend per share)	$fill in the blank 5	$fill in the blank 6	$fill in the blank 7	$fill in the blank 8

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