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Dividends Per Share Seacrest Company has 20,000 shares of cumulative preferred 1% stock, $100 par...

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Accounting

Dividends Per Share

Seacrest Company has 20,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:

20Y1$40,000

20Y28,000

20Y360,000

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'.

Preferred Stock (dividends per share)Common Stock (dividends per share)

20Y1$$

20Y2$$

20Y3$$

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