Dividends worksheet: Use the Dividend TAB at the bottom for the following problem. 16. Rasta Resorts Inc. has 30,000 shares of 1% cumulative preferred stock. $50 par, outstanding. It also has 100,000 shares of $40 par common stock outstanding. The following amounts were distributed as dividends: Year 1... Year 2.. Year 3.. ..$75.000 $30,000 $15.000 Determine the dividends per share for cumulative preferred and common stock for each year (15 points)