Dividends Per Share

Windborn Company has 30,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends:

Year 1	$112,500
Year 2	22,500
Year 3	135,000

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'.

Dividends Per Share Windborn Company has 30,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $20 p common stock. The following amounts were distributed as dividends: Year 1 $112,500 Year 2 22,500 Year 3 135,000 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 Common Stock (dividends per share) (dividends per share) Year 1 Year 2 0 Year 3