1. Sabas Company has 20,000 shares of $100 par, 2% cumulative preferred stock and 100,000 shares of $50 par common stock. The following amounts were distributed as dividends:

Year 1	$10,000
Year 2	45,000
Year 3	90,000

Determine the dividends per share for preferred and common stock for each year.

ANSWER:

	Year 1	Year 2	Year 3
Amount distributed
Preferred dividend (20,000 shares)
Common dividend (100,000 shares)
Dividends per share:
Preferred stock
Common stock