Question: eBook Show Me How Question Content Area Dividend Per Share Seacrest Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares

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Dividend Per Share

Seacrest Company has 15,000 shares of cumulative preferred 2% stock, $100 par and 50,000 shares of $10 par common stock. The following amounts were distributed as dividends:

Year 1	$45,000
Year 2	24,000
Year 3	90,000

Determine the dividend per share for preferred and common stock for each year. Round all answers to two decimal places. If an amount box does not require an entry, leave it blank.

	Year 1	Year 2	Year 3
Preferred stock (Dividend per share)	$fill in the blank 1	$fill in the blank 2	$fill in the blank 3
Common stock (Dividend per share)	$fill in the blank 4	$fill in the blank 5	$fill in the blank 6

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