1.

Dividends Per Share

Sandpiper Company has 10,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

20Y1	$15,000
20Y2	4,000
20Y3	30,000

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'.

	Preferred Stock (dividends per share)	Common Stock (dividends per share)
20Y1	$fill in the blank 1	$fill in the blank 2
20Y2	$fill in the blank 3	$fill in the blank 4
20Y3	$fill in the blank 5	$fill in the blank 6