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Oceanic Company has 10,000 shares of cumulative preferred 1% stock, $50 par and...

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Oceanic Company has 10,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: 20Y1 $12,500 2012 2,000 20Y3 15,000 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 (dividends per share) Common Stock (dividends per share) 20Y1 $ 20Y2 $ 20Y3

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