Sandpiper Company has 15,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

Sandpiper Company has 15,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends: Year 1 $33,800 Year 2 18,000 Year 3 67,500 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'. Year 1 Year 2 Year 3 Preferred stock (Dividends per share) 0.38 Common stock (Dividends per share) ta