Seacrest Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:

On January 22, Erin Corporation issued for cash 27,000 shares of no-par common stock at $30. On February 14, Erin issued at par 3,000 shares of 4%, $75 par preferred stock for cash. On August 30, Erin Corporation issued for cash 14,000 shares of preferred 4% stock, $75 par at $79. Journalize the entries to record the January 22, February 14, and August 30 transactions. For a compound transaction, if an amount box does not require an entry, leave it blank.

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'.

	Year 1	Year 2	Year 3
Preferred stock (Dividends per share)	$	$	$
Common stock (Dividends per share)	$	$	$