Check My Work Determine what amount of current dividends that preferred stock should receive per year

Dividends per share Zero Calories Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 200,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 20Y3 $30,000 8,000 110,000 Determine the dividends per share for preferred and common stock for each year. If an answer is zero, enter Round all answers to two decimal places. Preferred Stock (dividends per share) 20Y1 20Y2 20Y3 Feedback Check My Work 0.50 0.40 0.55 Common Stock (dividends per share) 0.10 0.04 X 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 class of stock.