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Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $10 par common stock. The following

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Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 Year 2 $90,000 22,500 135,000 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'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) Common stock (Dividends per share)

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