Dividends Per Share Seacrest Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends: 20Y1 $75,000 20Y2 12,000 2013 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 'o'. Preferred Stock (dividends per share) Common Stock (dividends per share) 2011 20Y2 20Y3 Entries for Issuing Stock On January 22, Ireland Corporation issued for cash 28,000 shares of no-par common stock at $40. On February 14, Ireland issued at par value 4,000 shares of preferred 5% stock, $75 par for cash. On August 30, Ireland issued for cash 26,000 shares of preferred 5% stock, $75 par at $84. Journalize the entries to record the January 22, February 14, and August 30 transactions. If an amount box does not require an entry, leave it blank. Jan. 22 Feb. 14 Aug. 30 100