Question: Dividends per share Lightfoot Inc., a software development firm, has stock outstanding as follows: 2 5 , 0 0 0 shares of cumulative preferred 4

Dividends per share
Lightfoot Inc., a software development firm, has stock outstanding as follows: 25,000 shares of cumulative preferred 4% stock, $20 par, and 31,000 shares of $75 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $7,500; second year, $12,500; third year, $68,210; fourth year, $115,790.
Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0".
\table[[,1st Year,2nd Year,3rd Year,4th Year],[Preferred stock (dividend per share),$,$,$,$
 Dividends per share Lightfoot Inc., a software development firm, has stock

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