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Sea crest Company has 10,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were

Sea crest Company has 10,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:

Year 1

$7,500

Year 2

2,000

Year 3

15,000


Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.


Year 1

Year 2

Year 3

Preferred stock (Dividends per share)

$

$

$

Common stock (Dividends per share)

$

$

$




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