Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 $112,500 20Y2 18,000 20Y3 135,000

Dividends Per Share Sandpiper Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 $112,500 20Y2 18,000 20Y3 135,000 Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter 'O'. Preferred Stock Common Stock (dividends per share) (dividends per share) 20Y1 $ 20Y2 $ $ 20Y3