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Dividends per share Sandpiper Company has 10,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $10 par common stock. The following

Dividends per share Sandpiper Company has 10,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $10 par common stock.

The following amounts were distributed as dividends: 20Y1 $30,000

20Y2 6,000

20Y3 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, enter '0'.

Preferred Stock (dividends per share)

Common Stock (dividends per share)

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