Dividends PerShareTriple Z Inc., a developer of radiology equipment, has stock outstandingas follows: 12,000 shares of cumulative preferred 2% stock, $150 par and50,000 shares of $10 par common. During its first four years of operations, thefollowing amounts were distributed as dividends: first year, $27,000; secondyear, $60,000; third year, $80,000; fourth year, $90,000.Calculate the dividends per share on each class of stock foreach of the four years. Round all answers to two decimal places. If nodividends are paid in a given year, enter ‘0’.1st Year2nd Year3rd Year4th YearPreferred stock (dividend per share)$$$$Common stock (dividend per share)$$$$
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