Dividends Per Share Sandpiper Company has 20,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 2012 20Y3 $75,000 12,000 90,000 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 'O'. Preferred Stock Common Stock Entries for Issuing Stock On January 22, Erin Corporation issued for cash 15,000 shares of no-par common stock at $45. On February 14, Erin issued at par value 5,000 shares of preferred 4% stock, $80 par for cash. On August 30, Erin issued for cash 18,000 shares of preferred 4% stock, $80 par at $90. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank