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Dividends Per ShareSandpiper Company has 3 0 , 0 0 0 shares of cumulative preferred 2 % stock, $ 5 0 par and 5 0

Dividends Per ShareSandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:20Y1$45,00020Y215,00020Y390,000. Determine the dividends per share for preferred and common stock for each year. 

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