Dividends Per Share Oceanic Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed 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 .0. $93,800 30,000 112,500 Preferred Stock (dividend per share) Common Stock (dividend per share) Year 1 Year 2 Year 3 1.5 1.13