Hint(s) Check My Work (1 remain Problem solving strategy Dividends on Preterred and Common Stock Love Theatre Inc. owns and operates movie theaters throughout New Mexico and utah. Love Theatre has dedared the following annual dvidends over a six-year period: 2009, s24,000; 2010, $72.000; s144.000: 2013 $180,000; and 2014, $216,000. During the entire period ending December 31 of each year, the outstandin stock of the company was composed of 30.000 shares of cumulative, 2% preferred st s100 par, and 100,000 shares of common stock, s20 par. 1. calculate the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1, 20og. summarize the data in tabular form. required, round your answers to two decimal places. If the amount is zero, please enter "o". Preferred Dividends Common Dividends Total Year Dividends Total Per Share Total 2009 s 24,000 s 24000 Per Share 2010 72,000 72000 2.40 2011 114,000 42000 1.40 72000 72 2012 144,000 102001 3.40 42000 42 2013 180,000 102001 3.40 T8000 78 2014 216,000 102001 3.40 114001 1.14 s 14 3 06 2. Calculate the average annual dividend per share for each class of stock for the six-year period. required, round your answers to two decimal places. Average annual dividend for preferred 2.47 3 per share Average annual dividend for common 3 per share