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(Solved): Seventy-Two inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shar ...
Seventy-Two inc., a developer of radiology equipment, has stock outstanding as follows: 60,000 shares of cumuative preferred \( 3 \% \) stock, 320 par and 410,000 shares of \( \$ 25 \) par common. During its first four years of operations, the following amounts were distributed as dividends: first year, 431,\( 000 ; \) second vear, \( \$ 72,000 \) : thind year, \( \$ 100,000 ; \) fourth year, \( \$ 100,000 \). Determine the dividends per share on each class of stock for each of the four years. Round all answers to two decimat places. If no dividends are paid it a oiven year, enter " \( 0.00 \) ";