Question: eBook Show Me How Question Content Area Dividends per share Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares

eBook Show Me How Question Content Area Dividends per share Sandpiper Company has 10,000 shares of cumulative preferred 2% stock, $50 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends: Year Amount 20Y1 $20,000 20Y2 4,000 20Y3 30,000 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 Preferred Stock (dividends per share) Common Stock (dividends per share) 20Y1 $fill in the blank 1 1.0 $fill in the blank 2 0.2 20Y2 $fill in the blank 3 0.4 $fill in the blank 4 0.0 20Y3 $fill in the blank 5 1.60 $fill in the blank 6

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