EX $13-1$ Dividends per share

Obj. $2$

Seventy$-$Two Inc., a developer of radiology equipment, has stock outstanding as follows: $80,000$ shares of cumulative preferred $2\%$ stock, $$50$ par and $200,000$ shares of $$10$ par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $$60,000$; second year, $$110,000$; third year, $$100,000$; fourth year, $$120,000.$ Determine the dividends per share on each class of stock for each of the four years.