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

Dividends Per Share

Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:

Year 1 $30,000
Year 2 7,500
Year 3 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'.

Year 1 Year 2 Year 3
Preferred stock (Dividends per share) $fill in the blank 1 $fill in the blank 2 $fill in the blank 3
Common stock (Dividends per share) $fill in the blank 4 $fill in the blank 5 $fill in the blank 6

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