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Sandpiper Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares...

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Accounting

Sandpiper Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:
20Y1 $30,000
20Y27,500
20Y345,000
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'.

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