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Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares...

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Accounting

Sandpiper Company has 30,000 shares of cumulative preferred 2% stock, $50 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 '0'.

preferred Stock (dividends per share) Common Stock (dividends per share)

20Y1

20Y2

20Y3

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