eBook Dividends Per Share Lightfoot Inc, a software development firm, has stock outstanding as follows: 30,000 shares of cumulative preferred 2% stock, $20 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, $4,500; second year, $7,500; third year, 556,680; fourth year, $122,960. 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". 1st Year 2nd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share) 3rd Year 0.15 0.25 0.80 0 0 Feedback Check My Work is the preferred stock cumulative or non-cumulative stock? Determine what amount of current dividends that preferred stock should recelve per year. Is the question asking for a per-share amount or total amount per class of stock