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Sandpiper Company has 2 5 , 0 0 0 shares of cumulative preferred 3 % stock, $ 1 0 0 par and 5 0 ,

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Sandpiper Company has 25,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares
of $20 par common stock. The following amounts were distributed as dividends:
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 '0'.
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