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Dividends Per Share Windborn Company has 15,000 shares of cumulative preferred 3% stock, 5150 par and 50,000 shares of $5 par common stock. The following

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Dividends Per Share Windborn Company has 15,000 shares of cumulative preferred 3% stock, 5150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: Year 1 $101,300 Year 2 33,800 Year 3 202,500 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, entero Preferred Stock (dividends per share) Common Stock (dividends per share) Year 1 4.50 0.68 Year 2 4.50 0.68 Year 3 4.50 2.7

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