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Windborn Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed

Windborn Company has 15,000 shares of cumulative preferred 2% stock, $150 par and 50,000 shares of $15 par common stock. The following amounts were distributed as dividends:

Year Amount
20Y1 $67,500
20Y2 36,000
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 '0'.

image text in transcribed

\begin{tabular}{lcc} & Preferred Stock (dividends per share) & Common Stock (dividends per share) \\ \hline 20Y1 & \end{tabular}

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