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Question Content AreaDividends Per ShareSeventy-Two Inc., a developer of radiology equipment, has stock outstanding as...

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Accounting

Question Content AreaDividends Per ShareSeventy-Two Inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumulative preferred 3% stock, $20 par and 400,000 shares of $25 par common.During its first four years of operations, the following amounts were distributed as dividends: first year, $33,000; second year, $75,000; third year, $100,000; fourth year, $120,000.Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0.00".1st Year2nd Year3rd Year4th YearPreferred stock (dividends per share)$fill in the blank 1$fill in the blank 2$fill in the blank 3$fill in the blank 4Common stock (dividends per share)fill in the blank 5fill in the blank 6fill in the blank 7fill in the blank
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