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Dividends Per Share Sandpiper Company has 20,000 shares of cumulative. preferred 3% stock, $50 par and 50,000 shares of $10 par common stock. The following

Dividends Per Share Sandpiper Company has 20,000 shares of cumulative. preferred 3% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: 20Y1 2012 20Y3 $45,000 15,000 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 '0'. Preferred Stock Common Stock (dividends per share) (dividends per share) 20Y1 2012 2013

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