Reference no: EM131644510

Question - Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 20,000 shares of cumulative preferred 4% stock, $130 par, and 67,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $69,600; second year, $96,800; third year, $189,150; fourth year, $225,270.

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".