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Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, $150parand 50,000 shares of $5 parcommon stock. The following amounts were distributed as dividends: Year

Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, $150parand 50,000 shares of $5 parcommon stock. The following amounts were distributed as dividends:

  1. Year 1$75,000
  2. Year 2 $24,000
  3. Year 3 $90,000
  4. Determine the dividends per share forpreferredandcommon stockfor each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
  5. Year 1Year 2Year 3Preferred stock (Dividends per share)$fill in the blank 1
  6. $fill in the blank 2
  7. $fill in the blank 3
  8. Common stock (Dividends per share)$fill in the blank 4
  9. $fill in the blank 5
  10. $fill in the blank 6

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