A company had stock outstanding as follows during each of its first three years of operations: 1,000 shares of 7%, $100 par, cumulative preferred stock and 47,000 shares of $10 par common stock. The amounts distributed as dividends are presented below. Determine the total and pershare dividends for each class of stock for each year by completing the schedule. Round Gividends per Share to the nearest cent. Enter of no dividends are paid Preferred Common Year Dividends Total Per Share Per Share $5,250 5,250 7,000 7,000 37,780 Check My Work Party corect