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Oceanic Company has 3 0 , 0 0 0 shares of cumulative preferred 1 % stock, $ 1 5 0 par, and 5 0 ,

 
Oceanic Company has 30,000 shares of cumulative preferred 1% stock, $150 par, and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
Year 1: $90,000
Year 2: $18,000
Year 3: $135,000
Determine the dividends per share for preferred and common stock for each year.  

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