Love Theatre Inc. owns and operates movie theaters throughout New Mexico and Uta

Love Theatre Inc. owns and operates movie theaters throughout New Mexico and Utah. Love Theatre has declared the following annual dividends over a six-year period: 2007 $16000; 2008 $48000; 2009 $65000; 2010 $90000; 2011 $115000; and 2012 $140000. During the entire period ending December 31 of each year the outstanding stock of the company was composed of 25000 shares of cumulative 2% preferred stock $80 par and 100000 shares of common stock $4 par.Instructions:1. Calculate the total dividends and the per-share dividends declared on each class of stock for each of the six years. There were no dividends in arrears on January 1 2007. Summarize the data in tabular form. If required round your answers to two decimal places. If the amount is zero please enter 0.