Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 4% stock, $120 par, and 37,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $35,420; second year, $80,180; third year, $96,860; fourth year, $116,440. 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".   1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4 Common stock (dividend per share)

FINANCIAL ACCOUNTING
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Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 4% stock, $120 par, and 37,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $35,420; second year, $80,180; third year, $96,860; fourth year, $116,440.

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".

  1st Year 2nd Year 3rd Year 4th Year
Preferred stock (dividend per share) $fill in the blank 1 $fill in the blank 2 $fill in the blank 3 $fill in the blank 4
Common stock (dividend per share)
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