Canterbury corp has 20,000 shares of its $100 par value, 7% cumulative preferred stock outstanding, and 100,000 shares of its $1 par value common...

Canterbury corp has 20,000 shares of its $100 par value, 7% cumulative preferred stock outstanding, and 100,000 shares of its $1 par value common stock outstanding. In Canterbury’s first four years of operation, its board of directors paid cash dividends as follows: 2006, noon, 2007, $240,000, 2008, $280,000, 2009, $280,000. Determine the dividends per share and total cash dividends paid to the preferred and common stockholders during each of the four years.