Please answer 2nd Year Preferred Sock dividend per share with explanation, Thx

m/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=false Order 691514-Ess. > Paternity Testing: B... eBook Show Me How Calculator Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 23,000 shares of cumulative preferred 3% stock, $160 par, and 77,000 shares of $10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $74,060; second year, $156,740; third year, $190,750; fourth year, $211,270. Compute 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 3rd Year 2nd Year 4th Year 3.22 Preferred stock (dividend per share) Common stock (dividend per share) 6.81 X $ 4.80 $ 4.80 o 0.13 $ 1.04 1.31 Feedback 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? 0 12:22