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Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $50 par and SO 000 shares of S20 par com mon stock.

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Dividends Per Share Oceanic Company has 20,000 shares of cumulative preferred 3% stock, $50 par and SO 000 shares of S20 par com mon stock. The allowing enou s nere a smooted as dividends: Year 1 Year 2 Year 3 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' $60,000 24,000 90,000 Year 1 Year 2 Year 3 Preferred stock (Dividends per share) common stock (Dividends per share)

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