2011 Sandpiper Company has 15,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: $112,500 36,000 135,000 2012 2013 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) 2011 2012 2013 1.35V 2.4 V 0 x 1.62 Check My Work Determine what amount of current dividends that preferred stock should receive per year. Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each dass of stock. Check My Work Previous Next>