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Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $5 par common stock. The following

image text in transcribed Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 20Y2 20Y3 $15,000 3,800 22,500 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) 20Y1 20Y2 20Y3 Common Stock (dividends per share)

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