Dividends Per Share Lightfoot Inc., a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 2% stock, $25 par, and 38,000 shares of $125 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $5,700; second year, $9,600; third year, $62,760; fourth year, $127,480. 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". Preferred stock (dividend per share) Common stock (dividend per share) Feedback $ 1st Year 0.19 0 2nd Year 0.32 0 3rd Year X 4th Year Check My Work Is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should receive per year. Is the question asking for a per-share amount or total amount per class of stock?

fourter veat, 5127,480 . rak. reseas Towis, was guestion asking for a per-share amount oe total ameunt per class of atock