Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distribu 2011 $60,000 20Y2 16,000 20Y3 120,000 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'. Preferred Stock (dividends per share) Common Stock (dividends per share) 2011 2 0.4 20Y2 S 0.80 $ 0 20Y3 $ X