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Dividends Per Share Oceanic Company has 10,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock. The following

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Dividends Per Share Oceanic Company has 10,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends: Year 1 $20,000 Year 2 5,000 Year 3 30,000 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 'o'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) Common stock (Dividends per share)

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