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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The following

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Dividends Per Share Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: $75,000 Year 1 Year 2 15,000 Year 3 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'. Year 1 Year 3 Year 2 Preferred stock (Dividends per share) Common stock (Dividends per share) Dividends Per Share Imaging Inc., a developer of radiology equipment, has stock outstanding as follows: 13,000 shares of cumulative preferred 1% stock, $130 par, and 43,000 shares of $5 par common. During its first four years of operations, the following amounts were distributed as dividends: first year, $11,310; second year, $32,490; third year, $49,030; fourth year, $87,420. Compute the dividends per share on each class of stock for each of the four years. Round all answers to two decimal places. If no dividends are paid in a given year, enter "0". 1st Year 2nd Year 3rd Year 4th Year Preferred stock (dividend per share) Common stock (dividend per share)

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