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

Dividends Per Share

Windborn 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 $225,000

Year 2 $36,000

Year 3 $270,000

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 2 Year 3
Preferred Stock (Dividends Per Share) $ $ $
Common Stock (Dividends Per Share) $ $ $

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