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Dividends Per Share Sandpiper Company has 10,000 shares of cumulative preferred 3% stock, $100 par...

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Dividends Per Share Sandpiper Company has 10,000 shares of cumulative preferred 3% stock, $100 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends: 20Y1 $60,000 20Y2 15,000 20Y3 90,000 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 60,000 x $ 60,000 X $ 20Y2 15,000 x $ o 20Y3 $ 90,000 x 28,000 X

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