Response to the following problem:
Fairmount Inc., a developer of radiology equipment, has stock outstanding as follows: 11,000 shares of cumulative preferred 2% stock, $160 par, and 37,000 shares of $15 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $23,540; second year, $32,780; third year, $71,480; fourth year, $96,990.
Calculate the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places.