Dividends Per Share Oceanic Company has 15,000 shares of cumulative preferred 1% stock, 5100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends: Year 1 $30,000 Year 2 Year 3 6,000 45,000 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, entero Preferred Stock (dividends per share) 1 Year! Common Stock (dividends per share) 0.3 Accounting numeric field 0 Year 2 0.4 Year 3 1.5 X 0.48 X