1350 - 201.65-75-18.75 - 16. Sandpiper Company has 40,000 shares of cumulative preferred 2% stock of $150 par and 100,000 shares of 5 par common stock. The following amounts were distributed as dividends: 2015 $70,000 2016 200,000 2017 320,000 Determine the dividends per share for preferred and common stock for each year