Determine the dividends per share for preferred and common stock for each year. If answer is zero, enter '0'. Round all answers to two decimal places

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Reinhardt Furniture Company has 40000 shares of cumulative preferred 2%stock, $150 par and 100000 shares of $5par common stock. The following amounts were distributed as dividends:

Year 1               $70000

Year 2                $200000

Year 3                 $320000

Determine the dividends per share for preferred and common stock for each year. If answer is zero, enter '0'. Round all answers to two decimal places. 

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