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Dividends per shareOceanic Company has 20,000 shares of cumulative preferred 3% stock, $50 par and...

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Accounting

Dividends per shareOceanic Company has 20,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $20 par common stock. The following amounts were distributed as dividends:YearAmount20Y1$45,00020Y224,00020Y390,000Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.YearPreferred Stock(dividends per share)Common Stock(dividends per share)20Y1$fill in the blank 1$fill in the blank 220Y2$fill in the blank 3$fill in the blank 420Y3$fill in the blank 5$fill in the blank 6

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