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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $30 par common stock. The following

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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends: Year 1 $135,000 Year 2 45,000 270,000 Year 3 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 (dividends per share) (dividends per share) Year 1 Year 2 Year 3 A

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