Reference no: EM132472448

Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 10,000 shares of cumulative preferred 1% stock, $160 par, and 33,000 shares of $5 par common.

During its first four years of operations, the following amounts were distributed as dividends:

first year,         $10,700;

second year,     $31,300;

third year,        $40,550;

fourth year,      $66,490.

Question 1: 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 "0"