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Sandpiper Company has 10,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of...

Sandpiper Company has 10,000 shares of cumulative preferred 3% stock, $50 par and 50,000 shares of $30 par common stock. The following amounts were distributed as dividends:

Year 1 $22,500
Year 2 12,000
Year 3 45,000

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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