Seacrest Company has 10,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares...
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Accounting
Seacrest Company has 10,000 shares of cumulative preferred 1% stock, $50 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
| Year 1 | $7,500 |
| Year 2 | 2,000 |
| Year 3 | 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 '0'.
| Year 1 | Year 2 | Year 3 | |
| Preferred stock (Dividends per share) | $ | $ | $ |
| Common stock (Dividends per share) | $ | $ | $ |
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