Dividend Per Share Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: Year 1 $60,000 Year 2 12,000 Year 3 90,000 Determine the dividend per share for preferred and common stock for each year. Round all answers to two decimal places. If an amount box does not require an entry, leave it blank. Year 1 Year 2 Year 3 Preferred stock (Dividend per share) 1.00 Common stock (Dividend per share) 1 $