1.Yukon Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Canada, Montana, Idaho, Oregon, and Washington. Yukon Bike Corp. has declared the following annual dividends over a six-year period ending December 31 of each year: Year 1, $28,000; Year 2, $44,000; Year 3, $48,000; Year 4, $60,000; Year 5, $76,000; and Year 6, $140,000. During the entire period, the outstanding stock of the company was composed of 40,000 shares of 2%preferred stock, $65 par, and 50,000 shares of common stock, $1 par.

Question

1.Yukon Bike Corp. manufactures mountain bikes and distributes them through retail outlets in Canada, Montana, Idaho, Oregon, and Washington. Yukon Bike Corp. has declared the following annual dividends over a six-year period ending December 31 of each year: Year 1, $28,000; Year 2, $44,000; Year 3, $48,000; Year 4, $60,000; Year 5, $76,000; and Year 6, $140,000. During the entire period, the outstanding stock of the company was composed of 40,000 shares of 2%preferred stock, $65 par, and 50,000 shares of common stock, $1 par.
Instructions:
1.  Determine the total dividends and the per-share dividends declared on each class of stock for each of the six years. Round per share amounts to the nearest cent when rounding is required. If an answer is zero, enter "0".
 	 	Preferred Dividends	Common Dividends
Year	Total Dividends	Total	Per Share	Total