Calculate Dividends per share

(1)Using the information below calculate the dividends that each cumulative preferred and common stock shareholder are entitled to each year.

(2) For each of the three years, calculate the dividends per share . CD Corporation has outstanding the following classes of stock:

o 20,000 shares - Cumulative Preferred 2% stock, $75 par

o 70,000 shares Common Stock $40 par

o Dividends distributed were the following

o 2016 - $25,000

o 2017 - $15,000

o 2018 - $200,000