Dividends Per Share

Sandpiper Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

Year 1 $112,500 Year 2 30,000 Year 3 112,500

Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places.