Oceanic 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

Oceanic Company has 30,000 shares of cumulative preferred 1% stoc distributed as dividends: 201202203$67,50022,500135,000 Determine the dividends per share for preferred and common stock fo