Determine the total cash dividends and dividends per share

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Mazurka Corporation has 2,000 shares of $100, 8 percent cumulative preferred stock outstanding and 40,000 shares of $1 par value common stock outstanding. In the company's first three years of operation, its board of directors paid the following cash dividends: 2013, none; 2014, $40,000; and 2015, $80,000.

Determine the total cash dividends and dividends per share paid to the preferred and common stockholders during each of the three years. If required, round your answers to the nearest cent. If an amount is zero, enter "0".

Reference no: EM131766902

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