Sandpiper Company has 25,000 shares of cumulative preferred 1% stock, $150 par and 50,000 shares of $5 par common stock. The following amounts were distributed as dividends:
20Y1 $75,000
20Y2 15,000
20Y3 112,500
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places.