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Dividends Per Share Sandpiper Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following

Dividends Per Share Sandpiper Company has 20,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 $20,000 20Y2 8,000 20Y3 30,000 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
20Y1
20Y2
20Y3

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