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Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $25 par common stock. The following

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Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $25 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 $90,000 36,000 135,000 Preferred Stock (dividend per share) Common Stock (dividend per share) Year 1 Year 2 Year 3

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