Dividends Per Share

Sandpiper Company has $30,000$ shares of cumulative preferred $2\%$ stock, $$100$ par and $50,000$ shares of $$5$ par common stock. The following amounts were distributed as dividends:

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 $\text{'}0\text{'}.$

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Determine what amount of current dividends that preferred stock should receive per year.

Keep in mind that the question is asking for a dividend per share for each year and class of stock, rather than the total amount to be distributed to each class of stock.