Peyton M.

Dividends Per Share

Internal Insights Inc., A developer of radiology equipment, has stock outstanding as follows: 70,000 shares of cumulative preferred 2% stock, $60 par, and 100,000 shares of$10 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $49,000; second year,$132,000; third year, $146,000; fourth year,$160. Compute the dividend 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, leave it blank.